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.
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)
