CPO Price at KPBN Tender Declined 0,57% on Friday (24/11)

palm oil magazine
India Palm Oil Imports are Expected to Jump 26 Percent to a Record High in 2023. Photo by: Sawit Fest 2021 / Atqiyaudin Basr

PALMOILMAGAZINE, JAKARTA – The Crude Palm Oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) dropped to Rp 11,465/kg on Friday (24/11/2023), indicating a decrease of Rp 66/kg or approximately 0.57% compared to the Thursday (23/11/2023) tender, which stood at Rp 11,531/kg.

Read More

According to information obtained by Palmoilmagazine.com from KPBN, the CPO price in Belawan was Rp 11,465/kg, with a withdrawal (WD) having the highest bid at Rp 11,405/kg. Meanwhile, the CPO price in Dumai was Rp 11,465/kg, and in Talang Duku, it was Rp 11,265/kg, with a WD having the highest bid at Rp 11,180/kg.

Palmoilmagazine.com calculations reveal that despite the decrease in KPBN’s last week prices, the weekly average price witnessed a 0.47% increase, reaching approximately Rp 11,539.60/kg. This average is higher than the previous week’s price of Rp 11,485.40/kg.

Also Read : CPO Price at KPBN Tender Increased 0,77 Percent on Friday (10/11)

Here are the CPO tenders at KPBN (Rp./Kg), excluded income tax on Friday (24/11/2023):

  • Franco Belawan Rp. 11.465 (WD) with the highest bid Rp. 11.405-EOP
  • Dumai Rp. 11.465-SJIO
  • Talang Duku Rp. 11.265 (WD) with the highest bid Rp. 11.18O-EUP.


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Your email address will not be published.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 *