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CPO Price Remains at US$ 1,022.5 per Metric Ton

Agus Dwi Darmawan 04/02/2023 11:41 WIB

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of January 29, 2023

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CPO Price Remains at US$ 1,022.5 per Metric Ton

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of January 29, 2023

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Crude Palm Oil (CPO) prices on the Rotterdam spot market remained steady at US$1,022.5 per metric ton for the past 23 days, as of Sunday, January 29, 2023. CPO prices reached their highest level of US$1,065 per metric ton on Monday, January 2, 2023.

Compared to the beginning of the year, CPO prices on the spot market today are down 0.73% (year-to-date/YTD). Similarly, year-on-year (YOY), CPO prices have fallen by 22.54%.

Meanwhile, domestically, the spot price of palm oil in Medan reached Rp 15,135 per kg at the close of trading on Friday, February 3, 2023.

Previously, the government banned the export of cooking oil and CPO on April 28, 2022. This ban caused the spot price of CPO in Medan to fall by Rp 5,334.04 per kg, or 18.13%, to its lowest point of Rp 24,085.37 per kg on May 20, 2022.

The government then reopened exports on May 23, 2022, and CPO prices began to show an upward trend.

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

Bali, for example, recorded the highest selling price for branded cooking oil in Indonesia, at Rp 23,400 per kg.

Other regions include...

"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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CPO Price Remains at US$ 1,022.5 per Metric Ton

CPO Price Remains at US$ 1,022.5 per Metric Ton

CPO Price Remains at US$ 1,022.5 per Metric Ton

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CPO Price Remains at US$ 1,022.5 per Metric Ton

CPO Price Remains at US$ 1,022.5 per Metric Ton

CPO Price Remains at US$ 1,022.5 per Metric Ton

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Mount Ibu Erupts Again Tonight (Wednesday, December 24, 2025)

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