InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was in withdraw with the highest bid Rp 10.630/kg, Friday (6/10/2023). It means CPO got cheaper Rp 131/kg compared to Thursday (5/10/2023) tender that was Rp 10.761/kg.

What InfoSAWIT got from KPBN, CPO in Belawan and Dumai was Rp 10.710 /Kg, but in withdraw (WD) with the highest bid Rp 10.630/Kg. In Talang Duku it was Rp. 10.510/kg and in WD with the highest bid Rp. 10.300/kg.

CPO trade at Malaysia Derivatives Exchange was sluggish. As quoted from, CPO reference contract price with the code FCPOc3 for December 2023 delivery at Malaysia Derivatives Exchange decreased 0,42% to be RM 3.593 (US$ 761,71) per metric ton in the early session.

Prior in September CPO contract price decreased 6,06% month on month after it increased two months in a row.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (6/10/2023):

CPO________

Franco Belawan and Dumai Rp. 10.710 (WD) with the highest bid Rp. 10.630-MM, IBP

Talang Duku Rp. 10.510 (WD) with the highest bid Rp. 10.300-WNI

(T2)