Palmoilmagazine, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) on Monday (18/7/2022) got better to be Rp 9.250/kg. It means, it got better about Rp 1.329/kg if compared to Friday tender (15/7/2022) which was Rp 7.921/kg.
From what Palmoilmagazine got from KPBN, in Belawan and Dumai it was Rp 9.250/kg, but in Dumai there was no purchase or in withdraw (SD) status within the highest bid at Rp 8.876/kg.
In Teluk Bayur the highest bid was Rp 8.776/kg. In Teluk Duku the highest bid was Rp 8.776/kg within the average volume reaching up to 500 to 1.000 tons.
As quoted from Reuters, the Government of Indonesia should export about 6 million tons of palm oil until August 2022 if it is about to reduce the higher CPO stocks in the storage tanks or to be back in normal, as industrial association claimed on Monday, after the government itself did not regulate export citation for one and a half month to go.
Here are CPO tender on Monday (18/7/2022):
In Belawan it was Rp 9.250-SAM
In Dumai it was Rp 9.250 (WD) within the highest bid Rp 8.876-EUP
In T.Bayur it was Rp 9.130 (WD) within the highest bid Rp 8.776-EUP
In T.Duku it was Rp 9.130 (WD) within the highest bid Rp 8.776-EUP (T2)