CPO Price at KPBN Inacom Increased on Monday (24/6) Along with Prices in Malaysia

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CPO Price at KPBN Inacom Increased on Monday (24/6) Along with Prices in Malaysia. Photo by: Palmoilmagazine.com

PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom reached Rp 12,757/kg on Monday (24/6/2024). This marks an increased of Rp 29/kg, or approximately 0.23%, from the Friday (21/6/2024) tender price of Rp 12,728/kg.

According to information from KPBN Inacom, the CPO Franco price in Belawan and Dumai was Rp 12,757/kg.

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As reported by Reuters, the CPO contract price at the Malaysia Derivatives Exchange rose on Monday (24/6/2024) following a significant previous decline. However, the increase was limited by the lower prices of crude oil and other vegetable oils.

Still from Reuters, the CPO contract price for September 2024 delivery at Malaysia Derivatives Exchange increased RM 12 per ton or about 0,31%, to be RM 3.912 (US$ 830,57) per ton in the evening after it got decreased by 1,49% on Friday last week. The contract decreased by 1,17% in the last week. (T2)

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