CPO Price at KPBN Tender Slightly Decreased on Thursday (25/1)

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CPO Price at KPBN Tender Slightly Decreased on Thursday (25/1). Photo by: Palmoilmagazine

PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) was set at Rp 12,190/kg on Thursday (25/1/2024), thus the CPO price recorded a decline of Rp 10/kg, or a decline of around 0.08% compared to the CPO price on Wednesday (24/1/2024) which reached Rp 12,200/kg.

From information obtained by Palmoilmagazine.com from KPBN, the CPO Franco Belawan and Dumai prices were set at Rp 12,190/kg. The price of CPO in Talang Duku was opened at Rp 11,990/Kg but there was a withdrawal (WD) with the highest bid of Rp 11,883/Kg. Then the price of CPO in South Kalimantan opened at IDR 11,790/Kg but there was a withdrawal (WD) with the highest bid of IDR 11,650/Kg.

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Then the price of palm kernel oil (CPKO) in Lampung opened at Rp. 12,244 / Kg but there was a withdrawal (WD) with the highest bid of Rp. 8,000 / Kg.

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For your information Bursa Malaysia on Thursday (25/1/2024) there was no trading due to commemorating the Thaipusam Celebration – a celebration of Tamil Hinduism.

The following are the details of the KPBN Tender results (Rp./Kg), Excld VAT period Thursday (25/1/2024):

CPO:

  • Franco Belawan & Dumai Rp. 12,190-MM, ACI, IBP
  • Talang Duku IDR 11,990 (WD). Highest bid Rp. 11,883-PHPO
  • South Kalimantan IDR 11,790 (WD). Highest bid IDR 11,650-EUP

CPKO:

  • Lampung IDR 12,244 (WD). Highest bid Rp. 8,000-SIP. (T2)
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