Crude Palm Oil (CPO) Price Falls to MYR 4,405 per Ton

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Agus Dwi Darmawan 17/04/2024 14:34 WIB

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Monday, April 15, 2024

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Crude Palm Oil (CPO) Price Falls to MYR 4,405 per Ton

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Monday, April 15, 2024

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Malaysian Bursa Malaysia Derivatives (FCPOc1) palm oil futures prices fell 2.07% to MYR 4,405 per ton on Monday, April 15, 2024, from the previous day's close. CPO prices reached a high of MYR 4,579 per ton on Wednesday, April 3, 2024.

Compared to the beginning of the year, CPO prices in the spot market today are up 21.25% (year-to-date/YTD). Similarly, year-on-year (YOY), CPO prices have fallen 35.41% compared to the same period.

Meanwhile, domestically, palm oil prices in the Medan spot market reached Rp 13,530 per kg at the close of trading on Friday, December 15, 2023.

In some parts of Indonesia, branded cooking oil prices remain high. The National Strategic Food Price Information Center (PIHPS) reported that cooking oil prices were still above Rp 20,000 per kg yesterday.

For example, in Lampung, cooking oil is sold at Rp 30,950 per kg. In parts of East Nusa Tenggara, cooking oil is priced at Rp 28,700 per kg; in parts of Maluku, Rp 26,550 per kg; in Bengkulu, Rp 26,300 per kg; and in North Maluku, Rp 25,700 per kg.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Crude Palm Oil (CPO) Price Falls to MYR 4,405 per Ton

Crude Palm Oil (CPO) Price Falls to MYR 4,405 per Ton

Crude Palm Oil (CPO) Price Falls to MYR 4,405 per Ton

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Crude Palm Oil (CPO) Price Falls to MYR 4,405 per Ton

Crude Palm Oil (CPO) Price Falls to MYR 4,405 per Ton

Crude Palm Oil (CPO) Price Falls to MYR 4,405 per Ton

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