InfoSAWIT, JAKARTA – Crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was in withdraw (WD with the highest bid Rp. 12.688/kg on Tuesday (16/7/2024). It meant to get increased Rp 48/kg or about 0,38% compared to Monday (15/7/2024) tender that was Rp 12.640/kg.

What InfoSAWIT got from KPBN, CPO Franco Belawan was Rp 12. 723/kg but in WD with the highest bid Rp. 12.676/Kg. CPO in Dumai was Rp. 12.723/Kg, but in WD with the highest bid Rp. 12.688/Kg.

In Talang Duku it was Rp. 12.523/Kg, but in WD with the highest bid Rp. 12.456/Kg. CPO in Sei Tapung was Rp. 12.484/Kg, but in WD with the highest bid Rp. 12.353/Kg. CPO in Kembayan was Rp. 12.273/Kg, but in WD with the highest bid Rp. 12.190/Kg. CPO in Parindu was Rp. 12.373/Kg, but in WD with the highest bid Rp. 12.190/Kg. Crude palm kernel oil in Belawan was Rp. 17.802/Kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got increased on Tuesday (16/7/2024) because other vegetable oils got more expensive at Dalian and Chicago Board of Trade, and the prediction of high exports that supported the markets.

CPO reference contract price with the code FCPO1 for October 2024 delivery at Malaysia Derivatives Exchange got more expensive RM 48 per ton or about 1,24% to be RM 3.922 (US$ 838,57) per metric ton in the evening.

Still from Reuters, soyoil contract price at Dalian (DBYcv1) got increased 0,26%, CPO contract price CPO1 did too 1,22%. Soyoil price at Chicago Board of Trade ZL1 did escalate 1,05%..

Here are tenders at KPBN (Rp./Kg), excluded income tax on Tuesday (16/7/2024):

CPO_____

Franco Belawan Rp. 12.723 (WD) with the highest bid Rp. 12.676-PHPO

Dumai Rp. 12.723 (WD) with the highest bid Rp. 12.688-KJA

Talang Duku Rp. 12.523 (WD) with the highest bid Rp. 12.456-PAA

Sei Tapung Rp. 12.484 (WD) wth the highest bid Rp. 12.353-WNI

Kembayan Rp. 12.273 (WD) with the highest bid Rp. 12.190-EUP

Parindu Rp. 12.373 (WD) with the highest bid Rp. 12.190-EUP

CPKO_____

Belawan Rp. 17.802-MM

(T2)