KPBN CPO Tender Price, July 7, 2022 Agreed at Rp 6,755/Kg

The decrease in CPO auction price in KPBN was influenced by the CPO price on the Malaysian futures market, which also experienced a decline. The benchmark FCPOc3 palm oil contract for September 2022 delivery at the Bursa Malaysia Derivatives Exchange fell by RM 64 per ton, or about 1.58%, to RM 3,991 (US$902.12) per ton at the start of trading.

As reported by Reuters, the condition decreased by 3.9% overnight, due to the predicted abundance of CPO exports from Indonesia.

The following are the CPO auction prices at KPBN (Rp./Kg) excluding VAT on Thursday (7/7/2022):

CPO___

Belawan & Dumai Rp. 6755-PRISCOLIN, THIP

T.Duku Rp.6635-THIP

T.Bayur Rp.6635 (WD). Highest offer Rp.6500-WNI

Palopo Rp.6555-EUP

 

Source: https://www.infosawit.com/news/12765/harga-tender-cpo-kpbn--7-juli-2022-disepakati-rp-6-755-kg