PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 13,036/kg on Wednesday (31/7/2024), a decrease of Rp. 14/kg or about 0.11% from Tuesday’s (30/7/2024) tender, which was Rp. 13,050/kg.
From information Palmoilmagazine.com received from KPBN Inacom, the highest CPO prices were in Belawan and Dumai, reaching Rp 13,036/kg.
As reported by Reuters, CPO contract prices on the Malaysia Derivatives Exchange (MDX) remained stagnant on Wednesday (31/7/2024) as traders awaited July 2024 export data for further strategy development.
Also Read:
The CPO reference contract price (FCPO1) for October 2024 delivery on the Malaysia Derivatives Exchange decreased by RM 10 per ton, or about 0.26%, to RM 3,905 (US$847.26) per metric ton in the evening.
The price ranged between RM 3,881 and RM 3,917 in the early session. This month, the CPO contract price has decreased by 0.15%.
Still from Reuters, CPO contact price at Dalian (DBYcv1) got decreased 0,05%, CPO contact price – CPO1 did too 0,13%. Soyoil price at Chicago Board of Trade (BOc2) got decreased 0,21%. (P2)
