CPO Tender at KPBN on October 20, 2023, Marks 1.29% Decrease

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Doc. palmoilmagazine.com

PALMOILMAGAZINE, JAKARTA – The Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) on Friday, October 20, 2023, saw a decrease in price, with CPO selling for Rp 11,155 per kilogram. This represents a reduction of Rp 145 per kilogram or approximately 1.29% compared to the previous day’s tender on Thursday, October 19, 2023, when it was priced at Rp 11,300 per kilogram.

As reported by Palmoilmagazine.com from KPBN, the CPO Franco prices in Belawan and Dumai were Rp 11,155 per kilogram. In Talang Duku, it was listed at Rp 10,955 per kilogram, with a withdrawal (WD) option available at the highest bid of Rp 10,830 per kilogram. In Siak, the price was Rp 11,035 per kilogram, and in WD, the highest bid was Rp 10,690 per kilogram.

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Below are the CPO tenders at KPBN in Rp per kilogram, excluding income tax, on Friday  (20/10/2023)::

– Belawan and Dumai: Rp 11,155/Kg

– Talang Duku: Rp 10,955/Kg (WD: Rp 10,830/Kg)

– Siak: Rp 11,035/Kg (WD: Rp 10,690/Kg)

CPKO: Lampung Rp. 10.907 with the highest bid Rp. 10.100-AMJP. (T2)

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