PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at Rp 14,206/kg on Monday (13/1/2025), reflecting a 2.24% increase, or a rise of around Rp 311/kg, compared to the CPO price of Rp 13,895/kg on Friday (10/1/2025).
According to information obtained by Palmoilmagazine.com from KPBN, the CPO price for Franco Belawan & Dumai was set at Rp 14,206/kg, while the price for Teluk Bayur was set at Rp 14,076/kg, and for Talang Duku at Rp 14,006/kg.
Meanwhile, Reuters reported that the futures price of palm oil contracts on the Malaysian Exchange extended its gains on Monday (13/1/2025), following a rise in soybean oil prices on the Dalian and Chicago Exchanges.
Also Read: CPO Prices Climb at KPBN Inacom on Friday (1/10), Malaysian Market Stabilizes
The benchmark crude palm oil contract (FCPOc3) for March 2025 delivery on the Malaysian Derivatives Exchange increased by RM 93 per ton, or 2.12%, to RM 4,484 (US$ 994.90) per metric ton by midday.
Additionally, the most active soybean oil contract on the Dalian Exchange (DBYcv1) rose by 2.44%, while the palm oil contract (DCPcv1) increased by 2.43%. Soybean oil on the Chicago Board of Trade (BOcv1) saw a 1.1% increase.
CPO Tender Details at KPBN (Rp./Kg), Excluding VAT for Monday (13/1/2025):
- Franco Belawan & Dumai: Rp 14,206-PHPO, EUP
- Franco Teluk Bayur: Rp 14,076-WIRA
- FOB Talang Duku: Rp 14,006-PRISCOLIN
- Sei Tapung: Rp 13,967 (WD). Highest bid: Rp 13,853-WNI
- Palembang: Rp 14,056 (WD). Highest bid: Rp 14,163-SAP
(P2)