When CPO Price Got Better, CPO Tender at KPBN on 12 September Got Cheaper

When CPO Price Got Better, CPO Tender at KPBN on 12 September Got Cheaper

Palmoilmagazine, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 10.738/kg on Monday (12/9/2022), it means, it got cheaper Rp 62/kg compared to Friday (9/9/2022) tender which was Rp 10.800/kg.

From what Palmoilmagazine got from KPBN, in Belawan and Dumai it was Rp 10.738/Kg. In Teluk Bayu it was Rp 10.618/Kg but in withdraw (WD) status with the highest bid Rp 10.513/Kg. There was no information in Talang Duku. In West Kalimantan it was Rp 10.538/Kg but in WD status with the highest bid Rp 10.100/Kg.

The cheaper CPO at KPBN was the contrary with CPO price at Bursa Malaysia Derivatives Exchange which slightly increased. As quoted from Reuters, CPO reference contract at FCPOc3 for November 2022 delivery at Bursa Malaysia Derivatives Exchange increased RM 33 per ton or about 0,92% to be RM 3.627 per ton in the early session.

Here are CPO tender at KPBN (Rp./Kg), exclude income tax on Monday (12/9/2022):

CPO_____

Franco Belawan and Dumai Rp. 10.738-MM, IBP

T.Bayur Rp. 10.618 Withdraw (WD) with the highest bid Rp. 10.513-WIRA

Kalbar Rp. 10.538 (WD) with the highest bid Rp. 10.100-EUP

(T2)

 

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