PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at Rp 14,888/kg on Friday (14/2/2025), marking a 0.58% increase (Rp 86/kg) from Thursday (13/2/2025) when it stood at Rp 14,802/kg.
For the weekly period of February 10–14, 2025, KPBN’s CPO prices saw a 4.2% increase to Rp 14,801.40/kg, reflecting a rise of Rp 596.80/kg compared to the previous week’s price of Rp 14,204.60/kg (February 3–7, 2025).
According to Reuters, Malaysian palm oil futures closed higher on Friday (14/2/2025), marking the fourth consecutive weekly gain. The price rally was supported by lower stock levels, despite concerns over demand and uncertainty surrounding Indonesia’s B40 biodiesel mandate.
Also Read: KPBN Inacom CPO Prices Drop on Thursday (Feb 13), Malaysian Market Also Weakens
The benchmark palm oil contract (FCPOc3) for April 2025 delivery on the Malaysia Derivatives Exchange rose RM 41 per ton (0.9%) to RM 4,595 (US$ 1,036.78) per metric ton at the close of trading. The contract price recorded a weekly increase of 2.02%.
Indonesia’s B40 Biodiesel Mandate Update
Indonesia’s 40% biodiesel mandate (B40) is expected to be fully implemented by March 2025, after earlier delays, according to Director General of New and Renewable Energy (EBTKE), Eniya Listiani Dewi. The policy aims to reduce dependence on imported diesel fuel. (P2)
