CPO Tender at KPBN Shows Improvement on September 13, 2023

Palm Oil Magazine
Doc. Palmoilmagazine.com / CPO prices at KPBN were Rp 10.625/kg in Belawan and Dumai, while in Talang Duku it stood at Rp 10.425/kg, and in Teluk Bayur, it was priced at Rp 10.495/kg.

PALMOILMAGAZINE, JAKARTA – “On Wednesday, September 13, 2023, the Crude Palm Oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) saw an increase to Rp 10.625/kg, marking a Rp 10/kg improvement compared to the previous day’s tender on Tuesday, September 12, 2023, which was at Rp 10.615/kg.

Palmoilmagazine.com reported that CPO prices at KPBN were Rp 10.625/kg in Belawan and Dumai, while in Talang Duku it stood at Rp 10.425/kg, and in Teluk Bayur, it was priced at Rp 10.495/kg.”

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Crude palm kernel oil (CPKO) in Sei Mangkei was Rp. 10.709/kg but in withdraw (WD) with the highest bid Rp 11.600/Kg. In Dumai it was Rp 10.811/kg.

Also Read : CPO Tender at KPBN on 4 September 2023 Down

CPO trade at Malaysia Exchange also increased. As quoted from Reuters, CPO reference contract with the code FCPOc3 for November 2023 delivery at Malaysia Derivatives Exchange increased RM 11 or about 0,30% to be RM 3,694 (US$ 790,16) per metric ton in the early session.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Wednesday (13/9/2023):

CPO_______

Franco Belawan and Dumai Rp. 10.625-MM IBP

Talang Duku Rp. 10.425-WNI

Teluk Bayur Rp. 10.495-WIRA

PKO______

Sei Mangke Rp. 10.709 (WD) with the highest bid Rp. 11.600-AGJ

Dumai Rp. 10.811-SDS

(T2)

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