InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 13.570/kg on Tuesday (24/9/2024). It meant to get cheaper Rp 70/kg or about 0,51% to Monday (23/9/2024) tender that was Rp 13.640/kg.

What InfoSAWIT got from KPBN, CPO Franco Dumai was Rp. 13.570/kg. CPO in Talang Duku was Rp 13.370/Kg. CPO in Sei Tapung was Rp. 13.331/Kg. and in Teluk Bayur it was Rp. 13.440/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got decreased for the first time the last five session on Tuesday (24/9/2024) because ringgit currency got better and the concern about demands for India, the biggest vegetable oil importer in the world, cancelled import contracts.

CPO reference contract price for December 2024 delivery at Malaysia Derivatives Exchange got cheaper RM 20 per ton or about 0,5% to be RM 3.957 (US$ 948,92) per metric ton in the midday.

For India got increase the import duties on vegetable oils, the refineries in the country cancelled their purchase about 100.000 metric tons of CPO for October and December delivery.

Still from Reuters, soyoil contract price at Dalian got increased 0,96%, CPO contract price did too 0,61%. Soyoil price at Chicago Board of Trade got decreased 0,24%.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Tuesday (24/9/2024):

CPO_____

Franco Belawan and Dumai Rp. 13.570-ACI, WNI

Talang Duku Rp. 13.370-WNI

Sei Tapung Rp. 13.331-WNI

Teluk Bayur Rp. 13.440-WNI

CPKO_____

Belawan Rp. 22.009 (WD) with the highest bid Rp. 20.860-MM

Lampung Rp. 21.788 (WD) with the highest bid Rp. 20.060-IKIN

Palembang Rp. 21.645 (WD) with the highest bid Rp. 20.325-IKIN

(T2)