CPO Tender at KPBN on 4 September 2023 Down

Palm Oil Magazine

PALMOILMAGAZINE, JAKARTA – The CPO tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) on Monday, September 4, 2023, saw a reduction in price to Rp 11,180/kg.

This represents a decrease of Rp 218/kg compared to the tender held on Friday, September 1, 2023, which had a price of Rp 11,398/kg.

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According to information obtained by Palmoilmagazine.com from KPBN, the CPO prices were Rp 11,180/kg in Belawan and Dumai, while in Talang Duku, it was Rp 10,980/kg.

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CPO trade at Malaysia Derivatives Exchange decreased but it was up to RM 4.000 per ton. As quoted from Reuters, CPO reference contract with the code FCPOc3 for November 2023 delivery at Malaysia Derivatives Exchange decreased RM 40 or about 0,99% to be RM 4,000 ringgit (US$ 859,66) per metric ton.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Monday (4/9/2023):


Franco Belawan & Dumai Rp. 11.180-MNA, WNI, IBP

Talang Duku Rp. 10.980-WNI


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