CPO Price at KPBN Tender Down Rp 198/Kg on Monday (2/10)

Palm Oil Magazine
Doc. Palmoilmagazine.com / CPO at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) saw a reduction in price, reaching Rp 10,811/kg on Monday, October 2, 2023.

PALMOILMAGAZINE, JAKARTA – The tender for Crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) saw a reduction in price, reaching Rp 10,811/kg on Monday, October 2, 2023.

This represents a decrease of Rp 198/kg compared to the Friday, September 29, 2023 tender, which was priced at Rp 11,009/kg.

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The following are the CPO tender prices at KPBN obtained by Palmoilmagazine.com, excluded income tax on Monday (2/10/2023): Rp 10,811/kg in Kuala Tanjung and Dumai, Rp 10,611/kg in Talang Duku, and Rp 10,681/kg in Teluk Bayur.

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

CPO trade at Malaysia Derivatives Exchange in September 2023 decreased. As quoted from Reuters, CPO contract price decreased 6,06% month on month in September after the previous two months, it increased.

Dalian Exchange, China was in holidays since on 29 September – 6 October 2023 because of mid – autumn festival as national holidays. Soyoil price at Chicago Board of Trade BOc2 also decreased 0,32%. (T2)

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