PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 15,150/kg on Friday (March 14, 2025), marking a 0.28% increase or an IDR 42/kg rise compared to Thursday (March 13, 2025), when the highest bid price was IDR 15,108/kg.
According to information from KPBN Inacom, the Franco Dumai CPO price was IDR 15,150/kg. Meanwhile, the Loco Pelaihari CPO price opened at IDR 14,596/kg but was later withdrawn (WD), with the highest bid recorded at IDR 14,000/kg.
Meanwhile, as reported by Reuters, Malaysian palm oil futures saw a slight increase on Friday (March 14, 2025) but posted a weekly loss due to profit-taking and weak demand from major importers, keeping the market under pressure.
Also Read: CPO Prices at KPBN Inacom and Bursa Malaysia Rise on Thursday (13/3)
The benchmark palm oil futures contract (FCPOc3) for May 2025 delivery on the Bursa Malaysia Derivatives Exchange rose MYR 39 per ton (approximately 0.86%) to MYR 4,578 (USD 1,030.38) per metric ton at closing. However, the contract registered a 1.02% decline over the week.
Additionally, the most active soybean oil contract on the Dalian Exchange (DBYcv1) increased by 2.02%, while palm oil futures (DCPcv1) rose by 0.82%. In the Chicago Board of Trade (BOcv1), soybean oil prices rose 0.61%.
KPBN Tender Results (IDR/kg, Excluding VAT) – Friday (March 14, 2025)
CPO:
- Franco Dumai – IDR 15,150 (IBP)
- Loco Pelaihari – IDR 14,596 (WD) | Highest bid: IDR 14,000 (WNI)
CPKO (Crude Palm Kernel Oil):
- Loco Palembang – IDR 27,275 (IKIN)
- Loco Lampung – IDR 27,311 (AMJP)
PK (Palm Kernel):
- Loco T. Lebar – IDR 12,507 (WD) | Highest bid: IDR 11,205 (AHB)
(P2)
