CPO Price at KPBN Tender Declined 0,13% on Tuesday (28/11)

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Workers loading FFB into a truck at a palm oil plantation. Photo by: Sawit Fest 2021 / Ricky Darmawan

PALMOILMAGAZINE, JAKARTA – On Tuesday (28/11/2023), the price of Crude Palm Oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) witnessed a decline to Rp 11,350/kg. This indicates a reduction of Rp 15/kg or approximately 0.13% compared to the tender held on Monday (27/11/2023), where the price stood at Rp 11,365/kg.

According to information obtained by Palmoilmagazine.com from KPBN, the CPO prices for Franco Belawan and Dumai were both recorded at Rp 11,350/kg. In Talang Duku, the price was Rp 11,150/kg, while in the withdrawal (WD) category, the highest bid reached Rp 11,100/kg. Additionally, in Teluk Bayur, the CPO price was reported at Rp 11,220/kg.

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Here are CPO tenders at KPBN (Rp./Kg), excluded income tax on Tuesday (28/11/2023):

  • Franco Dumai Rp. 11.350-EUP, IBP
  • Talang Duku Rp. 11.150 (WD) with the highest bid Rp. 11.10O-EUP
  • Teluk Bayur Rp. 11.220-WIRA. (T2)
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