CPO Prices Rose Slightly at KPBN Inacom on Monday (3/6)

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CPO Prices Rose Slightly at KPBN Inacom on Monday (3/6). Photo by: Palmoilmagazine.com

PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was tendered at Rp 12,735/kg on Monday, June 3, 2024. This marked an increase of Rp 13/kg, or approximately 0.1%, compared to the previous tender held on Friday, May 31, 2024, when the price was Rp 12,722/kg.

This slight upward movement indicates a marginal price adjustment over the weekend. According to information obtained by Palmoilmagazine.com from KPBN, the price for CPO Franco in both Belawan and Dumai also stood at Rp 12,735/kg.

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This consistency in pricing across different locations suggests a stable market condition for CPO at the start of the week, reflecting similar demand and supply dynamics in these key trading hubs. (T2)

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