Declining Trend, CPO Tender at KPBN 6 September 2023

Palm Oil Magazine
Doc. Palmoilmagazine.com / The PT. Kharisma Pemasaran Bersama Nusantara (KPBN) CPO tender declined to Rp 11,025/kg on Wednesday (6/9/2023), marking a decrease of Rp 100/kg compared to the Tuesday (5/9/2023) tender, which had been priced at Rp 11,125/kg.

PALMOILMAGAZINE, JAKARTA – The PT. Kharisma Pemasaran Bersama Nusantara (KPBN) CPO tender declined to Rp 11,025/kg on Wednesday (6/9/2023), marking a decrease of Rp 100/kg compared to the Tuesday (5/9/2023) tender, which had been priced at Rp 11,125/kg.

According to information obtained by Palmoilmagazine.com from KPBN, the CPO price stood at Rp 11,025/kg in Belawan and Dumai, while in Talang Duku, it was Rp 10,825/kg. During withdrawal (WD), the highest bid for CPO was Rp 10,723/kg.

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Crude palm kernel oil (CPKO) in Sei Mangkei was Rp 11.283/kg but in WD with the highest bid Rp 11.050/kg.

Also Read :

CPO trade at Malaysia Derivatives Exchange got increasing price. As quoted from Reuters, CPO reference contract price with the code FCPOc3 for November 2023 delivery at Malaysia Derivatives Exchange increased RM 32 or 0,69% to be RM 3,933 ringgit (US$ 841,64) per metric ton in the early session.

Here are tenders at Tender KPBN (Rp./Kg), excluded income tax on Wednesday (6/9/2023):

CPO________

Franco Belawan and Dumai Rp. 11.025-ACI, IBP

Talang Duku Rp. 10.825 (WD) with the highest bid Rp. 10.723-PHPO

PKO_________

Sei Mangke Rp. 11.283 (WD) with the highest bid Rp. 11.050-AGJ

(T2)

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