Slightly Decreased, CPO Tender at KPBN on 4 August 2022

Slightly Decreased, CPO Tender at KPBN on 4 August 2022

Palmoilmagazine, CPO Tank

Palmoilmagazine, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) on Thursday (4/8/2022) got cheaper to be Rp 10.100/kg. It means, it decreased about Rp 65/kg compared to Wednesday (3/7/2022) tender which was Rp 10.165/kg.

From what Palmoilmagazine got from KPBN, in Belawan and Dumai it was Rp 10.100/kg, in Teluk Bayur it was Rp 9.980/Kg but in withdraw (WD) status within the highest bid Rp 9.815/kg. In Talang Duku it was Rp 9.980/Kg but in WD status within the highest bid Rp 9.815/kg, in Palembang it was Rp 10.000/kg but in WD status within the highest bid Rp 9.815/kg. In Lampung and East Kalimantan, it was Rp 9.950/kg and Rp 9.900/kg for each, in Palopo it was Rp 9.965/kg but in WD status within the highest bid Rp 9.715/kg.

In the recent days, Refinitv Commodities Research reported, the re-export activity from Ukraine escalated the better supply from Black Sea which delivered 60% of sunflower oil and 76% from the exports.

The exporters’ lower obligation and the higher export volume multiplier in Indonesia make palm oil more competitive than it from Malaysia.

Here are CPO tender at KPBN (Rp/Kg), exclude income tax on Thursday (4/8/2022):

CPO_____

Belawan & Dumai it was Rp 10.100-IBP, ACI

T.Bayur it was Rp 9.980 ((WD) within the highest bid Rp 9.815-WIRA

T.Duku it was Rp 9.980 (WD) within the highest bid Rp 9.815- MM

Palembang it was Rp 10.000 (WD) within the highest bid Rp 9.815-MM

Lampung it was Rp 9.950 (WD).

Kaltim it was Rp 9.900 (WD).

Palopo it was Rp 9.965 (WD) within the bid Rp 9.715-EUP

 

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