PALMOILMAGAZINE, JAKARTA – On Friday, September 15, 2023, the Crude Palm Oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to Rp 10,975/kg, marking a significant rise of Rp 190/kg compared to the previous Thursday’s tender, which was priced at Rp 10,785/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the CPO price was Rp 10,975/kg in Belawan and Dumai. In Talang Duku, it was Rp 10,773/kg, but the highest bid in the withdrawal (WD) process reached Rp 10,675/kg.
CPO trade in Malaysia Derivatives Exchange increased. As quoted from Reuters, CPO reference contract price with the code FCPOc3 for November 2023 delivery at Malaysia Derivatives Exchange increased RM 36 or 0,96% to be RM 3,797 (US$ 810,89) per metric ton in the early session. It decreased 1% last week.
Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday, (15/9/2023):
Franco Belawan and Dumai Rp. 10.975-MM, IBP
Talang Duku Rp. 10.773 (WD) with the highest bid Rp. 10.675-WNI