KPBN CPO Tender Drop Rp 24/Kg on Friday (22/9)

Palm Oil Magazine
Doc. Palmoilmagazine.com

PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) on Friday, September 22, 2023, dropped to Rp 10,700/kg.

This represents a decrease of Rp 24/kg compared to the tender on Thursday, September 21, 2023, which was at Rp 10,724/kg.

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According to information obtained by Palmoilmagazine.com from KPBN, the CPO price was Rp 10,700/kg in Belawan and Dumai, while in Talang Duku, it was Rp 10,500/kg, excluding income tax.

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

CPO price at Malaysia Exchange increased a little bid. As quoted from Reuters, CPO reference contract with the code FCPOc3 for January 2023 delivery at Malaysia Derivatives Exchange increased RM 7 per ton or 0,2% to be RM 3,686 (US$ 786,77) per metric ton. This week, CPO price decreased 2,6%. (T2)

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