InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 10.913/kg on Thursday (7/12/2023). It means it got more expensive Rp 13/kg or about 0,12% compared to Wednesday (6/12/2023) tender that was Rp 10.900/kg.

What InfoSAWIT got from KPBN, CPO franco in Belawan and Dumai was Rp 10.913/Kg. CPO in Talang Duku was Rp. 10.713/Kg. crude palm kernel oil (CPKO) in Belawan was Rp. 11.541/Kg.

CPO price at Malaysia Derivatives Exchange still decreased for the fifth session on Thursday (7/12/2023) in a row. it was the longest period since the midst of September 2023. It also happened for other vegetable oils got cheaper, crude oil did too, and Malaysia ringgit got decreased that limited the losses.

As quoted from Reuters, CPO reference contract with the code FCPOc3 for February 2024 delivery at Malaysia Derivatives Exchange got cheaper RM 20 per ton or about 0,54% to be RM 3,699 (US$ 791,74) per metric ton.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (7/12/2023):

CPO_______

Franco Belawan and Dumai Rp. 10.913-PPI, PII

Talang Duku Rp. 10.713-PII

CPKO_______

Dumai Rp. 11.541-SDS

(T2)