PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at Rp14,387/kg on Thursday, April 10, 2025, marking an increase of 1.47% or around Rp208/kg compared to the highest bid recorded on Wednesday (April 9) at Rp14,179/kg.
According information obtained by Palmoilmagazine.com from KPBN, the CPO Franco Belawan and Dumai price was set at Rp14,387/kg. Then the Sei Tapung Franco CPO price was set at Rp14,148/kg. The price of Talang Duku CPO was set at IDR14,187/Kg.
Meanwhile, as reported by Reuters, palm oil futures on the Malaysian Derivatives Exchange rebounded sharply on Thursday, reversing losses from the previous session. This surge aligned with broader gains in other vegetable oil markets. The rise came even as March stockpiles in Malaysia saw an increase.
Also Read: CPO Prices Under Pressure: KPBN Inacom Withdraws Bids as Global Market Slips on Wednesday (April 9)
The June 2025 CPO futures contract (FCPOc3) rose RM65 per ton or 1.57%, reaching RM4,213/metric ton (approximately US$941.87) by mid-session. However, market participants continued to monitor supply dynamics closely.
According to the Malaysian Palm Oil Board (MPOB), end-March palm oil inventories rose 3.52% month-on-month to 1.56 million metric tons, matching forecasts from a Reuters poll, which also projected production at 1.31 million tons and exports at 1.02 million tons.
In related markets:
- The most active Dalian soybean oil contract (DBYcv1) rose 0.74%
- The Dalian palm oil contract (DCPcv1) rose 1.39%
- On the Chicago Board of Trade (CBOT), soybean oil prices (BOcv1) edged up 0.61%
Detailed KPBN Tender Results (Excl. VAT) – Thursday, April 10, 2025 (in Rp/kg):
CPO
- Franco Belawan & Dumai: Rp14,387 – ACI, AGM, Unilever
- Loco Sei Tapung: Rp14,148 – AGM
- Franco Teluk Bayur: Rp14,257 (Withdrawn) | Highest bid: Rp14,090 – WNI
- FOB Talang Duku: Rp14,187 – AGM
- Loco Long Pinang: No Bidders
- Loco Ngabang: Rp14,037 (Withdrawn) | Highest bid: Rp13,775 – WCII
- Loco Pelaihari: Rp13,833 (Withdrawn) | Bid: Rp13,225 – WNI
CPKO
- Franco Belawan: Rp31,062 (Withdrawn) | Highest bid: Rp30,080 – MM
(P2)
