PALMOILMAGAZINE, JAKARTA – The tender price for crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom on Tuesday (7/5/2024) reached Rp 12,182/kg, marking an increase of Rp 164/kg or approximately 1.36% compared to the tender on Monday (5/5/2024), which was Rp 12,018/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the price of CPO Franco in Belawan and Dumai stood at Rp 12,182/kg. In Talang Duku, it was Rp 11,982/kg, and in Teluk Bayur, it was Rp 11,052/kg.
CPO in Ophir was priced at Rp 11,887/kg but was withdrawn (WD) with the highest bid at Rp 11,757/kg. In Kembayan, it was Rp 11,832/kg but was withdrawn with the highest bid at Rp 6,500/kg.
The price of crude palm kernel oil (CPKO) in Dumai was Rp 15,815/kg, in Lampung it was Rp 15,584/kg, but was withdrawn with the highest bid at Rp 7,350/kg. CPKO in Palembang was priced at Rp 15,441/kg.
At the Malaysia Derivatives Exchange, the CPO price for July 2024 delivery increased by RM 19 per ton, or approximately 0.49%, closing at RM 3,863 (US$ 815.50) per metric ton.
According to Reuters, the price of soyoil contracts at the Dalian exchange rose by 0.76%, CPO contract prices increased by 0.24%, and soyoil prices at the Chicago Board of Trade increased by 0.93%.
Here are tenders at KPBN (Rp./Kg), excluded income tax on Tuesday (7/5/2024):
CPO:
- Franco Belawan and Dumai Rp. 12.182-MM, IBP
- Talang Duku Rp. 11.982-PRISCOLIN
- Teluk Bayur Rp. 12.052-WIRA
- Ophir Rp. 11.887 (WD) with the highest bid Rp. 11.757-WIRA
- Kembayan Rp. 11.832 (WD) with the bid Rp. 6.500-SDS, BTI
CPKO:
- Dumai Rp. 15.815-WNI
- Lampung Rp. 15.584 (WD) with the highest bid Rp. 7.350-SIP
- Palembang Rp. 15.441-IKIN. (T2)
