PALMOILMAGAZINE, JAKARTA – The Crude Palm Oil (CPO) auction held at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) saw a reduction in price to Rp 10,710 per kg on Friday (11/8/2023). This marks a decrease of Rp 100 per kg compared to the previous Thursday’s (10/8/2023) auction, where the price was Rp 10,810 per kg.
What Palmoilmagazine.com got from KPBN, CPO in Dumai was Rp 10.710/Kg. In Talang Duku it was Rp. 10.560/Kg but in withdraw (WD) with the highest bid Rp 10.450/Kg. In Teluk Bayur it was Rp. 10.580/Kg. In Palembang it was Rp. 10.535/Kg but in WD with the highest bid Rp 10.475/Kg.
Crude palm kernel oil (CPKO) in Dumai was Rp 11.127/Kg, but in WD with the highest bid Rp 10.950/Kg. In Bekri it was Rp. 10.906/Kg but in WD with the highest bid Rp 8.901/Kg.
Also Read : CPO Auction at KPBN on August 10, 2023 Records an Increase
As quoted from Reuters, CPO reference contract with the code FCPOc3 for October 2023 delivery at Bursa Malaysia Derivatives Exchange decreased RM 30 or about 0,80% to be at RM 3.698 (US$ 807,95) per metric ton during the session.
Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (11/8/2023):
CPO________
Franco Dumai Rp. 10.710-IBP
Talang Duku Rp. 10.560 (WD) with the highest bid Rp. 10.450-WNI
Teluk Bayur Rp. 10.580-WNI
Palembang Rp. 10.535 (WD) with the highest bid Rp. 10.475-SAP
CPKO________
Dumai Rp. 11.127 (WD) with the highest bid Rp. 10.950-IBP
Bekri Rp. 10.906 (WD) with the highest bid Rp. 8.901-SUIP (T2)
