CPO Tender at KPBN Increased Rp30/Kg on 20 September 2023

Palm Oil Magazine
Doc. Sawit Fest 2021 / Pranis Fanjaya)

PALMOILMAGAZINE, JAKARTA – The Crude Palm Oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) saw an increase, reaching Rp 10,801 per kilogram on Wednesday, September 20, 2023. This marked an improvement of Rp 30 per kilogram compared to the Tuesday, September 19, 2023 tender, which was at Rp 10,771 per kilogram.

Below are the KPBN CPO tenders (in Rp./Kg), excluding income tax, for Wednesday, September 20, 2023, According to Palmoilmagazine.com information from KPBN:

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  • Franco Belawan and Dumai Rp. 10.801-ACI, IBP
  • Talang Duku Rp. 10.601-WNI
  • Teluk Bayur Rp. 10.671-WIRA

Also Read : CPO Tender at KPBN Shows Improvement on September 13, 2023

However, at the Malaysia Derivatives Exchange, CPO trading experienced a decrease. As reported by Reuters, the CPO reference contract with the code FCPOc3 for December 2023 delivery at the Malaysia Derivatives Exchange dropped by RM 11 per ton or 0.3%, settling at RM 3,738 (equivalent to US$ 796.68) per metric ton during early trading.  (T2)

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