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At midday, CPO prices were traded at MYR 3.935 per ton.

Agus Dwi Darmawan 08/06/2024 14:36 WIB

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Thursday, June 6, 2024

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At midday, CPO prices were traded at MYR 3.935 per ton.

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Thursday, June 6, 2024

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The price of palm oil on the Malaysian Futures Exchange (FCPOc1) increased by 1.73% to MYR 3.935 per ton on Thursday, June 6, 2024, from the previous day's close. The CPO price reached its highest level of MYR 4.579 per ton on Wednesday, April 3, 2024.

Compared to the beginning of the year, the CPO price in the spot market today is up 8.31% (year-to-date/YTD). Similarly, year-on-year (YOY), the CPO price has increased by 17.25%.

Meanwhile, domestically, the price of palm oil in the Medan spot market reached Rp 15,410 per kg at the close of trading on Wednesday, April 17, 2024.

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.

Several regions recorded high cooking oil prices, including Lampung, where it was recorded at Rp 30,950 per kg. Other regions with the highest national cooking oil prices include Nusa Tenggara Timur (Rp 28,750 per kg), Bengkulu (Rp 26,300 per kg), North Maluku (Rp 25,700 per kg), and South Sulawesi (Rp 24,300 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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At midday, CPO prices were traded at MYR 3.935 per ton.

At midday, CPO prices were traded at MYR 3.935 per ton.

At midday, CPO prices were traded at MYR 3.935 per ton.

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At midday, CPO prices were traded at MYR 3.935 per ton.

At midday, CPO prices were traded at MYR 3.935 per ton.

At midday, CPO prices were traded at MYR 3.935 per ton.

Tags

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Air Pollution Monday Night (22/12): Riau is the Worst, How About Other Regions?

IDX Composite Closed Up 0.42% to 8,645 (Monday, December 22, 2025)

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