PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was withdrawn (WD) on Thursday (March 13, 2025), with the highest bid recorded at IDR 15,108/kg. This marks a 0.22% increase or approximately IDR 33/kg compared to Wednesday’s (March 12, 2025) price of IDR 15,075/kg.
According to information from KPBN obtained by Palmoilmagazine.com, the Franco Dumai CPO price was initially opened at IDR 15,150/kg but was withdrawn with the highest bid reaching IDR 15,108/kg.
Meanwhile, as reported by Reuters, Malaysian palm oil futures rose on Thursday (March 13, 2025) due to lower production levels. However, concerns over demand from major importing countries limited the price increase.
Also Read: CPO Prices Drop Again at KPBN Inacom on Tuesday (March 11), Malaysian Market Remains Weak
The benchmark palm oil contract (FCPOc3) for May 2025 delivery on the Bursa Malaysia Derivatives Exchange rose by RM46 per ton, or approximately 1.03%, reaching RM4,533 (US$1,023.71) per metric ton at midday. This contract had previously declined by 2.98% over the past three sessions.
Additionally, the most active Dalian soybean oil contract (DBYcv1) increased by 0.76%, while Dalian palm oil (DCPcv1) rose by 0.64%. In contrast, soybean oil prices on the Chicago Board of Trade (CBOT) (BOcv1) fell by 0.19%.
KPBN Tender Results (IDR/Kg, Excl. VAT) – Thursday (March 13, 2025):
CPO
- Franco Dumai: IDR 15,150 (WD), Highest Bid: IDR 15,108 (AGM)
- Loco Pelaihari: IDR 14,596 (WD), Highest Bid: IDR 14,000 (WNI)
CPKO
- Loco Palembang: IDR 26,890 (WD), Highest Bid: IDR 22,850 (SAP)
PK
- Loco T. Lebar: IDR 12,514 (WD), Highest Bid: IDR 11,150 (AHB)
(P2)
