Got Better to be Rp 11.643/Kg, CPO Tender at KPBN on 24 August 2022

Got Better to be Rp 11.643/Kg, CPO Tender at KPBN on 24 August 2022

Palmoilmagazine, CPO

Palmoilmagazine, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.643/kg on Wednesday (24/8/2022), it means it got better about Rp 293/kg compared to Tuesday (23/8/2022) tender which was Rp 11.350 /kg.

From what Palmoilmagazine got from KPBN, in Belawan and Dumai it was Rp 11.643/Kg, in Teluk Bayur it was Rp 11.523/Kg but in withdraw (WD) status with the highest bid Rp 11.355/Kg.

In Talang Duku it was Rp 11.523/Kg but in WD status with the highest bid Rp 11.285/Kg.

The increasing CPO price at KPBN also happened in the globe. As quoted from Reuters, in the Bursa Malaysia Derivative Exchange, CPO reference price at FCPOc3 for November 2022 delivery increased 1,56% to be RM 4.300 (US$ 958,54) per ton in the early session.

The increasing price also happened for the soyoil price which got more expensive when the concern raised about the decreasing supply from the United States of America

Meanwhile fresh fruit bunch (FFB) price in some mills, according to what Jaringan Petani Sawit Nasional (JPSN) informed per 23 August 2022, it was less than Rp 2.000/kg in average.

To inform the real FFB price in the field, the smallholders that join JPSN collectively inform FFB price in some mills in their regions, as Coordinator JPSN, Soaduon Edo Sitorus told to Palmoilmagazine.

Here are CPO tender at KPBN (Rp./Kg), excluded income tax on Wednesday (24/8/2022):

CPO_____

Franco Belawan and Dumai Rp. 11.643-PHPO, PAA

T.Bayur Rp. 11.523 withdraw (WD) with the highest bid Rp. 11.355-WNI

T.Duku Rp. 11.523 (WD) with the highest bid Rp. 11.285-SAP

(T2)

 

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