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Morning, CPO price traded at US$1,030 per metric ton.

Agus Dwi Darmawan 07/07/2024 11:33 WIB

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The National Strategic Food Price Information Center (PIHPS) reports that cooking oil prices were still above Rp 20,000 per kg yesterday.

Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Friday, July 5, 2024

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Morning, CPO price traded at US$1,030 per metric ton.

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Friday, July 5, 2024

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Crude Palm Oil (CPO) prices on the Rotterdam Spot Market fell 1.44% to US$1,030 per metric ton on Friday, July 5, 2024, from the previous day's close. CPO prices had reached a high of US$1,160 per metric ton on Wednesday, April 3, 2024.

Compared to the beginning of the year, CPO prices on the Spot Market today are up 13.81% (year-to-date/YTD). Similarly, on a year-on-year basis (YOY), CPO prices have increased by 6.19%.

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

Compared to the position on December 31, 2021, the CPO price on the Medan Spot Market as of May 30, 2022, had already increased by Rp 5,988.55 per kg, or a 23.78% increase year-to-date (YTD) as of today.

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.

In East Nusa Tenggara, for example, cooking oil is sold at Rp 29,250 per kg. In parts of Lampung, cooking oil is priced at Rp 28,850 per kg; in Bengkulu, Rp 26,300 per kg; in North Maluku, Rp 25,700 per kg; and in parts of South Sulawesi, Rp 23,700 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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Morning, CPO price traded at US$1,030 per metric ton.

Morning, CPO price traded at US$1,030 per metric ton.

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Morning, CPO price traded at US$1,030 per metric ton.

Morning, CPO price traded at US$1,030 per metric ton.

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82 Hotspots Detected in Indonesia in the Last 24 Hours (Friday, December 26, 2025)

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