PALMOILMAGAZINE, JAKARTA – The Crude Palm Oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) experienced a withdrawal (WD) with the highest bid reaching Rp 11,235/kg on Wednesday (8/11/2023). This marked an increase of Rp 60/kg or approximately 0.54% compared to the previous Tuesday’s (7/11/2023) tender, which stood at Rp 11,175/kg.
As reported by Palmoilmagazine.com from KPBN, the CPO prices were as follows: Franco Belawan and Dumai: Rp 11,235/kg, Talang Duku: Rp 11,035/kg, Teluk Bayur: Rp 11,105/kg
Meanwhile, the Crude Palm Kernel Oil (CPKO) prices were reported as: Sei Mangkei Rp 10,950/kg, Lampung: Rp 10,828/kg, with a withdrawal (WD) having the highest bid at Rp 10,000/kg, Palembang Rp 10,685/kg, with a withdrawal (WD) having the highest bid at Rp 10,375/kg.
Also Read :
- Another Decrease of CPO Tender at KPBN on September 8, 2023
- Palm Oil Research Program to Develop Sustainable Palm Oil Industry
- Garuda Indonesia Trials Palm-based Bioavtur, Exploring for Commercial Flights
- Garuda Indonesia Commercial Flight Test Advances Net-Zero Emission (NZE) Target Achievement
- Malaysia’s MSPO Revision Standards Set to Be Implemented by Early 2025
- MPOB to Launch Traceability Application Connecting 500 Thousand Smallholders in Malaysia
Here is a summary of the tenders at KPBN (Rp./kg), excluding income tax on Wednesday (8/11/2023):
CPO Prices :
- Franco Belawan and Dumai: Rp 11,235-MM, IBP
- Talang Duku: Rp 11,035-SDS
- Teluk Bayur: Rp 11,105-WINA
CPKO Prices :
- Sei Mangkei: Rp 10,950-PMI
- Lampung: Rp 10,828 (WD) with the highest bid Rp 10,000- AMJP
- Palembang: Rp 10,685 with the highest bid Rp 10,375-IKIN. (T2)