CPO Price at KPBN Inacom was Up 0.1 Percent on Tuesday (2/4) and Likewise on Bursa Malaysia

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CPO Price at KPBN Inacom was Up 0.1 Percent on Tuesday (2/4) and Likewise on Bursa Malaysia. Photo by: Sawit Fest 2021 / Erwin Alimudin

PALMOILMAGAZINE, JAKARTA – The tender price for crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 13,253/kg on Tuesday (2/4/2024). This represented an increase of Rp 13/kg or approximately 0.1% compared to Monday’s (1/4/2024) tender price of Rp 13,240/kg.

According to information obtained by Palmoilmagazine.com from KPBN, the CPO Franco price in Belawan and Dumai was Rp 13,253/kg. However, the CPO Franco price in Talang Duku stood at Rp 13,103/kg but was withdrawn (WD) with the highest bid at Rp 13,015/kg. Meanwhile, crude palm kernel oil (CPKO) in Dumai was priced at Rp. 15,425/kg.

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The CPO price at the Malaysia Derivatives Exchange increased for June 2024 delivery, rising by 0.21% to RM 4,276 (US$ 900.78) per metric ton in the afternoon session following a 0.98% decrease in the previous session.

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As reported by Reuters, the soyoil contract price at the Dalian Commodity Exchange rose by 0.57%, while the CPO contract increased by 0.53%. However, there was minimal change in soyoil price at the Chicago Board of Trade..

Here are tenders at KPBN (Rp./Kg), excluded income tax on Tuesday (2/4/2024):

CPO:

  • Franco Belawan and Dumai Rp. 13.253-MM, IBP
  • Talang Duku Rp. 13.103/kg (WD) with the highest bid Rp. 13.015-PII

 

PKO: Dumai Rp. 15.425-WNI. (T2)

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