InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.046/kg on Friday (8/12/2023). It means it got more expensive Rp 133/kg or about 1,21% compared to Thursday (7/12/2023) tender that was Rp 10.913/kg.

What InfoSAWIT got from KPBN, CPO franco in Belawan and Dumai was Rp 11.046/Kg.

What InfoSAWIT calculated, by the early of December 2023 CPO got cheaper Rp 290,2/kg to be Rp 11.030,4/kg in average or it decreased about 2,56% compared to last week which was Rp. 11.320,6/kg.

CPO price at Malaysia Derivatives Exchange also increased on Friday (8/12/2023). It happened for other vegetable oils got more expensive and it stopped the decreasing price for five sessions in the previous.

As quoted from Reuters, CPO reference contract price with the code FCPOc3 for February 2024 delivery at Malaysia Derivatives Exchange got more expensive RM 48 per ton or about 1,30% to be RM 3,750 (US$ 803,86) in the midday. But CPO price decreased 3,20 percent in this week.

Here is tender at KPBN (Rp./Kg), excluded income tax on Friday (8/12/2023):

CPO______

Franco Belawan and Dumai Rp. 11.046-MM, IBP

(T2)