PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at Rp 15,108/kg on Thursday (27/2/2025), marking a 1.38% decline or a drop of approximately Rp 212/kg compared to the highest bid price on Wednesday (26/2/2025), which reached Rp 15,320/kg.
According to information from KPBN, the CPO Franco Belawan & Dumai price was set at Rp 15,108/kg. Meanwhile, CPO Loco Pelaihari opened at Rp 14,554/kg but underwent WD (withdrawn), with the highest bid recorded at Rp 14,000/kg.
As reported by Reuters, Malaysian palm oil futures plummeted on Thursday (27/2/2025), ending a two-session rally. The drop was driven by weaker vegetable oil prices and pessimistic market outlooks from industry analysts, which weighed down trading.
Also Read: KPBN Inacom CPO Price Drops Slightly, Malaysian Futures Extend Gains on Wednesday (Feb 26)
The benchmark FCPOc3 contract for May 2025 delivery on the Bursa Malaysia Derivatives Exchange fell RM 96 per ton or 2.08%, settling at RM 4,515 (US$ 1,016.43) per metric ton by midday break.
Meanwhile, the most active Dalian soybean oil contract (DBYcv1) rose 0.71%, but Dalian palm oil futures (DCPcv1) dropped 1.07%. Additionally, Chicago Board of Trade (CBOT) soybean oil (BOc2) declined 0.61%.
KPBN Tender Results (Rp/kg, Excluding VAT) – Thursday (27/2/2025):
CPO
- Franco Dumai: Rp 15,108 – AGM
- Loco Pelaihari: Rp 14,554 (WD), Highest bid: Rp 14,000 – WNI
CPKO (Crude Palm Kernel Oil)
- Loco Palembang: Rp 26,034 (WD), Highest bid: Rp 22,850 – SAP
(P2)
