PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) on Tuesday, September 12, 2023, witnessed a decrease, with the price dropping to Rp 10,615/kg.
This represents a reduction of Rp 5/kg compared to the previous day’s tender on Monday, September 11, 2023, which was priced at Rp 10,610/kg.
what Palmoilmagazine.com got from KPBN, CPO in Belawan, Kuala Tanjung, and Dumai, it was Rp 10.713/Kg but in withdraw (WD) with the highest bid Rp 10.615/Kg. In Talang Duku it was Rp. 10.513/Kg but in WD with the highest bid Rp 10.337/kg.
Also Read : CPO Tender at KPBN on 4 September 2023 Down
CPO trade at Malaysia Derivative Exchange got increasing. As quoted from Reuters, CPO reference contract price with the code FCPOc3 for November 2023 delivery at Malaysia Derivatives Exchange increased RM 6 or 0,16%, to be RM 3,719 (US$ 795,85) per metric ton in the midday.
Here are tenders at KPBN (Rp./Kg), excluded income tax on Tuesday (12/9/2023):
CPO________
Franco Belawan, Kuala Tanjung, and Dumai Rp. 10.713 (WD) with the highest bid Rp. 10.615-MM, IBP
Talang Duku Rp. 10.513 (WD) with the highest bid Rp. 10.337-WNI
(T2)