PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 15,425/kg on Friday (Feb 21, 2025). This marks a 0.98% increase or an additional IDR 150/kg compared to the CPO price on Thursday (Feb 20, 2025), which stood at IDR 15,275/kg.
According to information from KPBN obtained by Palmoilmagazine.com, the CPO prices were set as follows:
- Franco Kuala Tanjung & Dumai: IDR 15,425/kg
- Franco Teluk Bayur: IDR 15,295/kg
- FOB Talang Duku: IDR 15,228/kg
- Loco Ngabang: IDR 15,075 (WD) | Highest bid: IDR 14,946/kg
- Loco Parindu: IDR 15,075 (WD) | Highest bid: IDR 14,946/kg
KPBN’s CPO prices showed a weekly increase of 2.14% for the period February 17–21, 2025, reaching IDR 15,118.00/kg, up IDR 316.60/kg compared to the February 10–14, 2025 period, which stood at IDR 14,801.40/kg.
Also Read: KPBN Inacom CPO Price Rises 0.89% While Malaysian Market Declines on Thursday (Feb 20)
Meanwhile, according to Reuters, Malaysia’s palm oil futures surged on Friday (Feb 21, 2025) and were on track for a fifth consecutive weekly gain—the longest rally in three years—supported by projections of declining production.
The May 2025 palm oil futures contract (FCPOc3) on the Malaysia Derivatives Exchange rose RM 58 per ton (1.25%) to RM 4,700 (US$ 1,063.83) per metric ton at midday. This contract has climbed 2.47% over the past week.
Additionally, the most active soybean oil contract on Dalian DBYcv1 rose 0.05%, while Dalian palm oil futures (DCPcv1) increased 1.44%. However, soybean oil futures on the Chicago Board of Trade (BOcv1) dropped 0.5%. (P2)
