PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) tender at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was IDR 13,000/kg on Monday (29/7/2024), up IDR 35/kg or about 0.27% from Friday’s (26/7/2024) tender price of IDR 12,965/kg.
According to information obtained by Palmoilmagazine.com from KPBN Inacom, CPO prices in Belawan and Dumai was IDR 13,000/kg, and in Talang Duku IDR 12,800/kg.
Meanwhile, the price of CPO contracts on the Bursa Malaysia Derivatives Exchange fell on Monday on the back of falling prices of other vegetable oils on the Dalian Commodity Exchange.
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The price of the reference contract for CPO delivery in October 2024 fell RM 54 per tonne, or about 1.37%, from RM 3,888 (US$ 838.65) per tonne at midday session.
CPO contract price got decreased 0,48% last week, the second decreasing week in a row.
Still from Reuters, soyoil contract price at Dalian got decreased 2,08%, CPO contract price decreased 1,1%. Soyoil contract price at Chicago Board of Trade got escalated 0,3%. (P2)
