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CPO Price Remains at US$972.5 per Metric Ton

Agus Dwi Darmawan 13/04/2023 11:57 WIB

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Monday, March 27, 2023

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CPO Price Remains at US$972.5 per Metric Ton

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Monday, March 27, 2023

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The price of Crude Palm Oil (CPO) in the Rotterdam Spot Market remained stable at US$972.5 per metric ton for the past three days, as of Monday, March 27, 2023. The CPO price reached its highest level of US$1,065 per metric ton on Monday, January 2, 2023.

Compared to the beginning of the year, the CPO price in the Spot Market today is down 5.58% (year-to-date/YTD). Similarly, year-on-year (YOY), the CPO price has fallen by 43.46%.

Meanwhile, domestically, the CPO price in the Medan spot market reached Rp 16,379 per kg at the close of trading on Thursday, April 6, 2023.

Previously, the government banned the export of cooking oil and CPO on April 28, 2022. This ban caused the CPO price in the Medan spot market 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, the price of branded cooking oil remains high. The National Strategic Food Price Information Center (PIHPS) reported that cooking oil prices were still above Rp 20,000 per kg yesterday.

North Maluku, for example, recorded the highest cooking oil price in Indonesia, at Rp 25,050 per kg. Other regions include Bali (Rp 23,850 per kg), Central Java (Rp 22,100 per kg), parts of Gorontalo (Rp 21,900 per kg), and parts of West Papua (Rp 21,500 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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CPO Price Remains at US$972.5 per Metric Ton

CPO Price Remains at US$972.5 per Metric Ton

CPO Price Remains at US$972.5 per Metric Ton

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CPO Price Remains at US$972.5 per Metric Ton

CPO Price Remains at US$972.5 per Metric Ton

CPO Price Remains at US$972.5 per Metric Ton

Tags

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Area of Oil Palm Plantations by Production Status in East Kalimantan, 1996-2010

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IDX Composite Falls Ahead of Christmas Holiday (Wednesday, December 24, 2025)

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