PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) is a major commodity that plays an important role in the world’s vegetable oil industry, CPO prices experienced significant fluctuations earlier this month after breaking the price of IDR 15,000 per kilogram (/kg).
Recorded at the Indonesia Commodity Market (Inacom) or KPBN, the price of CPO located in Dumai experienced a slight decline on Tuesday, November 5, 2024, the price of CPO closed at IDR 15,310 / kg or down Rp 40 / kg, compared to the price of CPO on Monday (4/11 / 2024) which reached Rp 15,350 / kg.
Also Read: CPO Price at KPBN Tender Fell 0.96% on Monday (6/11)
Then in Talang Duku the CPO price was set at IDR 15,135 / kg and in Teluk Bayur at IDR 15,180 / kg.
Meanwhile, the price of palm kernel oil (CPKO) in Belawan was withdrawn (WD) opened at a price of IDR 22,911 with the highest bid of IDR 22,675, in Palembang there was also a WD opened at a price of IDR 22,547 with the highest bid of IDR 22,075. (P3)
