InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 11.365/kg on Monday (27/11/2023). It means it got cheaper Rp 100/kg or about 0,87% compared to Friday (24/11/2023) tender that was Rp 11.465/kg.

What InfoSAWIT got from KPBN, CPO Franco Belawan and Dumai was Rp 11.365/Kg. CPO in Talang Duku was Rp. 11.165/Kg but in withdraw (WD) with the highest bid Rp 11.08O/Kg.

CPO price at Malaysia Derivative Exchange got decreased also. It hit the lowest level in the past two weeks or Monday (27/11/2023). It happened for the cheaper crude oil and other vegetable oils that were traded in Dalian Exchange though the increasing exports limited the decreasing price.

As quoted from Reuters, CPO contract price with the code FCPOc3 for February 2024 delivery at Malaysia Derivatives Exchange got cheaper RM 26 per ton or about 0,67% to be RM 3,864 (US$ 825,99) per metric ton in the early session. It was the lowest since 17 November 2023.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Monday (27/11/2023):

CPO_______

Franco Belawan and Dumai Rp. 11.365-MM, IBP

Talang Duku Rp. 11.165 (WD) with the highest bid Rp. 11.08O-EUP

(T2)