CPO Tender Prices at KPBN Surge by 1.38% on Thursday (2/11)

palm oil magazine
Doc. palmoilmagazine.com / CPO Tender Prices at KPBN Surge by 1.38% on Thursday (2/11)

PALMOILMAGAZINE, JAKARTA – On Thursday, February 11th, 2023, the crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) saw a notable increase, reaching Rp 11,205 per kilogram.

This represented a positive change of Rp 155 per kilogram or approximately 1.38% compared to the previous day’s tender price of Rp 11,050 per kilogram.

Read More

According to Palmoilmagazine.com, KPBN reported CPO prices in Belawan and Dumai at Rp 11,205 per kilogram. In Talang Duku, the price stood at Rp 11,005 per kilogram, with a withdrawal (WD) option available at the highest bid of Rp 10,980 per kilogram.

For crude palm kernel oil (CPKO), the prices in Palembang were Rp 10,618 per kilogram, and the WD option had the highest bid at Rp 10,010 per kilogram. In Lampung, the CPKO price was Rp 10,761 per kilogram, with a WD option having the highest bid at Rp 10,000 per kilogram.

Also Read : 

The CPO prices at the Malaysia Exchange also experienced an increase. CPO contract prices at the Malaysia Derivatives Exchange rose for the second consecutive session on Thursday, February 2nd, 2023. This increase was attributed to growing export data and higher crude oil prices, despite the rise in the Malaysian ringgit, which somewhat limited the price surge.

According to Reuters, the reference contract for CPO with the code FCPOc3, scheduled for delivery in January 2024 at the Malaysia Derivatives Exchange, increased by RM 10 per ton, equivalent to about 0.2%, reaching RM 3,697 (approximately US$ 778.64) per metric ton in the morning session.

Here are the tenders at KPBN on Thursday, February 2nd, 2023 (Rp./Kg), excluding income tax:


  • Franco Belawan and Dumai: Rp. 11,205 – EOP, WNI
  • Talang Duku: Rp. 11,005 (WD) with the highest bid at Rp. 10,980 – PRISCOLIN


  • Palembang: Rp. 10,618 (WD) with the highest bid at Rp. 10,010 – IKIN
  • Lampung: Rp. 10,761 (WD) with the highest bid at Rp. 10,000 – AMJP. (T2)
Follow the Whatsapp channel "Palm Oil Magazine News Update", click the link PalmoilMagazine News Update | or you can follow Telegram "PalmOilMagazine", click the link PalmOilMagazine


Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *