PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom remained Withdrawn (WD) on Thursday (9/1/2025), with the highest bid recorded at IDR 13,789/kg.
This reflects a 1.56% decrease or approximately IDR 219/kg compared to Wednesday’s (8/1/2025) highest bid of IDR 14,008/kg.
According to data obtained by Palmoilmagazine.com from KPBN, the CPO price for Franco Dumai opened at IDR 13,852/kg and was marked as withdrawn (WD), with the highest bid at IDR 13,789/kg. Meanwhile, at Teluk Bayur, the opening price was IDR 13,722/kg, with the highest bid at IDR 13,653/kg, also marked as withdrawn.
Also Read: CPO Prices Drop at KPBN Inacom on Wednesday (8/1), Malaysian Palm Oil Prices Decline
On the other hand, Reuters reported that Malaysian palm oil futures prices dropped for the second consecutive session on Thursday (9/1/2025), pressured by weak demand.
The FCPOc3 palm oil contract for March 2025 delivery on the Bursa Malaysia Derivatives Exchange fell by RM 85 per ton (1.95%) to RM 4,269 (US$ 949.51) per metric ton by midday. This decline followed a 0.25% drop on Wednesday.
Elsewhere, the most active soybean oil contract on Dalian DBYcv1 fell 1.03%, while its palm oil contract DCPcv1 decreased by 2.79%. Soybean oil prices on the Chicago Board of Trade (CBOT) BOcv1 also dropped by 1.15%.
KPBN Tender Results (IDR/kg, Excl. VAT) for Thursday (9/1/2025):
CPO:
- Dumai: IDR 13,852 (WD). Highest bid IDR 13,789-EUP
- Teluk Bayur: IDR 13,722 (WD). Highest bid IDR 13,653-WIRA
- Talang Duku: IDR 13,652 (WD). Highest bid IDR 13,609-PRISCOLIN
- Palembang: IDR 13,702 (WD). Highest bid IDR 13,335-SAP
CPKO:
- Palembang: IDR 24,025 (WD). Highest bid IDR 23,300-IKIN
(T2)