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Morning, CPO price traded at US$1,050 per metric ton.

Agus Dwi Darmawan 15/03/2024 11:23 WIB

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Tuesday, March 12, 2024

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Morning, CPO price traded at US$1,050 per metric ton.

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Tuesday, March 12, 2024

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Crude Palm Oil (CPO) prices on the Rotterdam Spot Market increased by 0.48% to US$1,050 per metric ton on Tuesday, March 12, 2024, from the previous day's closing price. The CPO price reached its highest level of US$1,050 per metric ton on Tuesday, March 12, 2024.

Compared to the beginning of the year, the CPO price on the Spot Market today is up 16.02% (year-to-date/YTD). Similarly, year-on-year (YOY), the CPO price has increased by 8.25% compared to the same period.

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

In some regions 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.

Some regions recording high cooking oil prices include Maluku, where it was recorded at Rp 26,550 per kg.

Other regions with the highest national cooking oil prices include North Maluku (Rp 25,700 per kg), South Sulawesi (Rp 24,300 per kg), Yogyakarta Special Region (Rp 22,600 per kg), and Jakarta (Rp 22,600 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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Morning, CPO price traded at US$1,050 per metric ton.

Morning, CPO price traded at US$1,050 per metric ton.

Morning, CPO price traded at US$1,050 per metric ton.

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Morning, CPO price traded at US$1,050 per metric ton.

Morning, CPO price traded at US$1,050 per metric ton.

Morning, CPO price traded at US$1,050 per metric ton.

Tags

Related Data

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Mount Semeru Erupts Early Sunday, Status is Alert

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