PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom experienced a withdrawal, with the highest CPO bid reaching Rp 15,355/kg on Tuesday (25/2/2025). This marks a 0.52% increase, or approximately Rp 80/kg, compared to Monday’s (24/2/2025) price of Rp 15,275/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the Franco Belawan & Dumai CPO price opened at Rp 15,400/kg but was withdrawn (WD), with the highest bid at Rp 15,355/kg. Meanwhile, Loco Pelaihari CPO opened at Rp 14,846/kg but was also withdrawn, with the highest bid recorded at Rp 9,750/kg.
Meanwhile, according to Reuters, Malaysia’s palm oil futures rose on Tuesday (25/2/2025), supported by stronger prices in Dalian and Chicago exchanges, as market participants awaited further insights from an industry conference in Kuala Lumpur.
Also Read: KPBN Inacom CPO Price Falls 0.97% as Malaysian Futures Decline – February 24, 2025
The May 2025 palm oil futures contract (FCPOc3) on the Malaysia Derivatives Exchange increased by RM 52 per ton, or approximately 1.14%, reaching RM 4,611 (US$ 1,045.58) per metric ton by midday.
Additionally, the most active soybean oil contract on Dalian DBYcv1 rose by 0.48%, while palm oil contract DCPcv1 gained 0.35%. On the Chicago Board of Trade (BOc2), soybean oil prices increased by 1.14%.
KPBN Tender Results (Rp/Kg, Excl. VAT) – Tuesday (25/2/2025):
CPO Prices:
- Franco Belawan & Dumai: Rp 15,400 (WD). Highest bid: Rp 15,355 – MNA, WNI
- Loco Pelaihari: Rp 14,846 (WD). Highest bid: Rp 9,750 – DKSD
CPKO Prices:
- Franco Belawan: Rp 25,900 – AGJ
- Loco Palembang: Rp 25,076 (WD). Highest bid: Rp 22,850 – SAP
(P2)
