PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 14,900/kg on Tuesday (18/2/2025), marking a slight increase of 0.34% or approximately IDR 50/kg compared to Monday’s (17/2/2025) price of IDR 14,850/kg.
According to information from KPBN obtained by Palmoilmagazine.com, the Franco Belawan CPO price was set at IDR 14,900/kg.
Meanwhile, as reported by Reuters, Malaysia’s palm oil futures market declined on Tuesday (18/2/2025), pressured by weaker prices of other vegetable oils as traders awaited a more optimistic outlook to support trading.
Also Read: CPO Prices at KPBN Inacom Dip Slightly, While Malaysian Futures Rise on Monday (Feb 17)
The benchmark palm oil futures contract FCPOc3 for May 2025 delivery on the Malaysia Derivatives Exchange dropped by RM 18 per ton (0.4%), settling at RM 4,524 (US$ 1,017.54) per metric ton at midday. This came after gains in the previous trading session.
A Kuala Lumpur-based trader noted that the market was weighed down by falling prices of competing vegetable oils, with no significant positive news to provide support.
Soybean oil futures DBYcv1 on the Dalian Commodity Exchange fell 0.03%, while palm oil futures DCPcv1 edged up 0.04%. Meanwhile, Chicago Board of Trade soybean oil futures BOcv1 dropped 0.82%.
KPBN Tender Results (IDR/kg, Excluding VAT) – Tuesday (18/2/2025):
CPO Prices:
- Franco Belawan: IDR 14,900 – PHPO
- Loco Ngabang: IDR 14,550 (WD), Highest bid: IDR 14,418 – EUP
- Loco Parindu: IDR 14,550 (WD), Highest bid: IDR 14,418 – EUP
CPKO Prices:
- Franco Belawan: IDR 25,025 – SMART
- Loco Palembang: IDR 24,126 (WD), Highest bid: IDR 22,850 – SAP
(P2)
