CPO Price Falls to MYR 4,159 per Ton

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Agus Dwi Darmawan 19/04/2024 14:58 WIB

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Wednesday, April 17, 2024

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Crude Palm Oil (CPO) Prices Over the Last Three Months - Data as of Wednesday, April 17, 2024

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Malaysian Bursa Malaysia Derivatives (FCPOc1) palm oil futures prices fell 1.31% to MYR 4,159 per ton on Wednesday, April 17, 2024, from the previous day's close. CPO prices reached a high 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 14.48% (year-to-date/YTD). Similarly, year-on-year (YOY), CPO prices have increased by 3.61% compared to the same period.

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.

The easing impact of the Covid-19 pandemic and the growth of the global economy increased commodity demand throughout last year. As a result, CPO prices in the Medan spot market have recovered by 38.97% throughout 2021.

In some parts of Indonesia, the price of branded cooking oil is still high. The National Strategic Food Price Information Center (PIHPS) released a monitoring report showing that cooking oil prices were still above Rp 20,000 per kg yesterday.

Some regions recording high cooking oil prices include Lampung, where prices reached Rp 30,950 per kg.

Other regions with the highest cooking oil prices nationally are East Nusa Tenggara at Rp 28,700 per kg, Maluku at Rp 26,550 per kg, North Maluku at Rp 25,700 per kg, and parts of South Sulawesi at 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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CPO Price Falls to MYR 4,159 per Ton

CPO Price Falls to MYR 4,159 per Ton

CPO Price Falls to MYR 4,159 per Ton

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Prevalence of Food Consumption Inadequacy in Purbalingga Decreased by 1.45% in the Last Year

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CPO Price Falls to MYR 4,159 per Ton

CPO Price Falls to MYR 4,159 per Ton

CPO Price Falls to MYR 4,159 per Ton

Tags

Related Data

Prevalence of Food Consumption Inadequacy in Purbalingga Decreased by 1.45% in the Last Year

Average Length of Schooling in Cimahi City Up to Grade X in 2025

Banyumas Residents' Food Consumption Insufficiency Rate Decreased by 7.98% in 2024

Average Length of Schooling in Depok City Up to Class X in 2025

South Sumatra Most Polluted in Indonesia Tonight (6/12)

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