InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.325/kg on Wednesday (20/12/2023). It means it got more expensive Rp 48/kg or about 0,42% to Tuesday (19/12/2023) tender that was Rp 11.277/kg.

What InfoSAWIT got from KPBN, CPO Franco in Dumai was Rp 11.325/Kg. In Teluk Bayur it was Rp 11.195/Kg. In Talang Duku it was Rp. 11.125/kg but in withdraw with the highest bid Rp. 11.078/Kg.

Meanwhile CPO price at Malaysia Derivatives Exchange also increased in the early trade on Wednesday, (20/12/2023) because there was worry about decreasing production and stocks in palm oil producers in the world.

As quoted from Reuters, CPO reference contract with the code FCPOc3 for March 2024 delivery at Malaysia Derivatives Exchange increased RM 32 per ton or about 0,85% to be RM 3,787 (US$ 815,46) per tons in the early session.

Here are tenders at KPBN (Rp./Kg), excluded incoming tax on Wednesday (20/12/2023):

CPO______

Franco Dumai Rp. 11.325/kg-SJIO

Teluk Bayur Rp. 11.195-WNI

Talang Duku Rp. 11.125 (WD) with the highest bid Rp. 11.078-WNI

(T2)