CPO Tender at KPBN Drop 0.49% on 23 October 2023

palm oil magazine
Doc. Sawit Fest 2021 / Hendra

PALMOILMAGAZINE, JAKARTA – On Monday, October 23, 2023, the Crude Palm Oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) saw a decrease in price, dropping to Rp 11,100/kg.

This represents a reduction of Rp 55/kg, or approximately 0.49%, compared to the previous Friday’s tender on October 20, 2023, which was priced at Rp 11,155/kg.

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Palmoilmagazine.com reported the following CPO prices obtained from KPBN, exclusive of income tax, on the same day:

  • Franco Belawan & Dumai: Rp 11,100/kg – MNA, PAA, WNI
  • Siak: Rp 10,880/kg (WD) with the highest bid at Rp 10,865/kg – PII
  • Talang Duku: Rp 10,900/kg – WNI

Also Read : CPO Tender at KPBN Increased 0,97% on Monday (16/10)

Please note that the prices are in Rp per kilogram (Rp./Kg) and the abbreviations represent different terms or categories related to the CPO prices. (T2)

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