PALMOILMAGAZINE, JAKARTA – On Thursday, June 20, 2024, PT. Kharisma Pemasaran Bersama Nusantara (KPBN) reported that the crude palm oil (CPO) tender was Rp 12,790/kg, marking an increase of Rp 64/kg (0.50%) from Wednesday’s tender of Rp 12,726/kg.
According to KPBN, CPO prices were Rp 12,790/kg at Franco Belawan and Dumai, and Rp 12,551/kg at Sei Tapung, with the highest bid at Rp 12,405/kg in withdrawal (WD).
In Lampung, crude palm kernel oil (CPKO) was Rp 15,993/kg but in WD with the highest bid at Rp 15,500/kg, while in Palembang it was Rp 15,890/kg.
Also Read: CPO Prices on KPBN Inacom Fell on Wednesday (19/6), While at Malaysia Exchange Increased
Reuters reported that CPO contract prices at the Malaysia Derivatives Exchange rose on June 20, 2024, as traders awaited export predictions for June 1–20. The CPO reference contract (FCPOc3) for September 2024 delivery increased by RM 4 per ton (0.1%) to RM 3,924 per metric ton at midday.
Still from Reuters, it was traded between RM 3.901 and RM 3.938 per metric ton during the session. The trade itself got escalated 0,36% yesterday.
Soyoil contract price at Dalian with the code DBYcv1 also got escalated 0,1%, CPO contract price with the code DCPcv1 did escalate 0,34%. Soyoil price at Chicago Board of Trade with the code BOc2 got decreased 0,27%.
Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (20/6/2024):
CPO:
- Franco Belawan and Dumai Rp. 12.790-MM, IBP
- Sei Tapung Rp. 12.551 (WD) with the highest bid Rp. 12.405-WNI
CPKO:
- Lampung Rp. 15.993 (WD) with the highest bid Rp. 15.500-AMJP
- Palembang Rp. 15.890-SAP. (T2)
