PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 14,800/kg on Wednesday (March 26, 2025), marking a slight increase of 0.13% or IDR 19/kg from the previous day’s price of IDR 14,781/kg on Tuesday (March 25, 2025).
According to information obtained by Palmoilmagazine.com from KPBN, the CPO Franco Belawan & Dumai price was set at IDR 14,800/kg. Meanwhile, the Franco Kaltim price opened at IDR 14,400/kg but was withdrawn (WD) after the highest bid reached IDR 14,013/kg.
Referring to KPBN Letter No. 19/KPBN/X/02/III/2025 and in accordance with the joint decision of three ministers regarding National Holidays and Collective Leave in 2025, KPBN’s last tender and operational activities were conducted on Wednesday (March 26, 2025), before resuming on Wednesday (April 9, 2025), due to the Nyepi and Eid al-Fitr holidays.
Meanwhile, according to Reuters, palm oil futures on the Malaysia Exchange rebounded on Wednesday (March 26, 2025) after three consecutive sessions of losses. The recovery was driven by bargain hunting after futures prices hit their lowest level in nearly two months.
The benchmark palm oil contract FCPO1! for June 2025 delivery on the Bursa Malaysia Derivatives Exchange rose 0.75% to RM 4,277 (US$ 966.34) per metric ton by midday. However, palm oil contracts have recorded a 2.97% decline over the past week.
Elsewhere, the most active soyoil contract on the Dalian Commodity Exchange (DBYcv1) dropped 0.38%, while the palm oil contract (CPO1!) fell 0.87%. On the Chicago Board of Trade (CBOT) (BOc2), soybean oil prices edged down 0.12%.
KPBN CPO Tender Results (IDR/kg, Excl. VAT) for Tuesday (March 25, 2025):
- Franco Belawan & Dumai: IDR 14,800 (ACI, AGM, KJA)
- FOB Kaltim: IDR 14,400 (WD), Highest Bid: IDR 14,013 (EUP)
- Loco Pelaihari: IDR 14,246 (WD), Highest Bid: IDR 13,707 (WNI)
(P2)
