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.
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):
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
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)