PALMOILMAGAZINE, JAKARTA – On Friday (17/11/2023), the tender price for crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) stood at Rp 11,485/kg, reflecting a decrease of Rp 137/kg or approximately 1.18% compared to Thursday’s (16/11/2023) tender, which was Rp 11,622/kg.
According to information from KPBN obtained by Palmoilmagazine.com, the CPO franco Dumai was also priced at Rp 11,485/Kg, in Lampung the price of crude palm kernel oil (CPKO) was Rp. 11,509/Kg, but in withdrawal (WD), the highest bid was Rp 10,000/Kg.
Palmoilmagazine.com calculations indicate that despite the week-ending decrease in CPO prices at KPBN, the average price increased by 2.25% throughout the week. The average CPO price for the week was approximately Rp 11,485.40/Kg, making it Rp 285.20/Kg more expensive than the previous week’s average of Rp 11,200.20/Kg.
Here are CPO and CPKO tenders at KPBN (Rp./Kg), excluded income tax on Friday (17/11/2023):
CPO : Franco Dumai Rp. 11.485-SDS
CPKO : Lampung Rp. 11.509 (WD) with the highest bid Rp. 10.000 – AMJP. (T2)