InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 11.275/kg on Thursday (21/12/2023). It means it got cheaper Rp 50/kg or about 0,44% to Wednesday (20/12/2023) tender that was Rp 11.325/kg.

What InfoSAWIT got from KPBN, CPO Franco in Dumai was Rp 11.275/Kg. In Teluk Bayur it was Rp 11.145/Kg. In Talang Duku it was Rp. 11.075/kg.

Meanwhile CPO price at Malaysia Derivatives Exchange also decreased on Thursday (21/12/2023) because of decreasing palm oil demands.

As quoted from Reuters, CPO reference contract with the code FCPOc3 for March 2024 delivery at Malaysia Derivatives Exchange decreased RM 34 per ton or about 0,90% to be RM 3,744 (US$ 805,51) per ton in the early session.

According to KPBN, for there will be Christmas and New Year holidays, CPO trade would be off on 22 December 2023 and would be operating on 3 January 2024.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (21/12/2023):

CPO______

Franco Dumai Rp. 11.275-PII

Teluk Bayur Rp. 11.145-WNI

Talang Duku Rp. 11.075-PII

(T2)