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.
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)