PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 14,260/kg on Monday, April 14, 2025. This marks a decline of 0.45% or approximately IDR 65/kg compared to the price on Friday, April 11, which stood at IDR 14,325/kg.
According to information obtained by Palmoilmagazine.com from KPBN, CPO prices were set as follows; Franco Belawan and Dumai IDR 14,260/kg, Franco Teluk Bayur IDR 14,130/kg, and FOB Talang Duku IDR 14,060/kg.
Meanwhile, as reported by Reuters, palm oil futures on the Malaysian exchange continued to weaken on Monday (April 14, 2025), following the decline in soybean oil prices on the Chicago market. The market was also pressured by rising trade tensions between the U.S. and China, despite temporary tariff suspensions on other countries.
The June 2025 palm oil futures contract (FCPOc3) on the Malaysia Derivatives Exchange dropped by RM45 per ton, or 1.07%, to RM4,167 (US$943.19) per metric ton by the mid-day break.
In contrast, Dalian’s most active soybean oil contract (DBYcv1) rose 0.52%, while its palm oil contract (DCPcv1) fell 0.46%. Soybean oil prices on the Chicago Board of Trade (CBOT) (BOcv1) declined by 0.59%.
KPBN Tender Results (in IDR/kg, excluding VAT) – Monday, April 14, 2025:
- CPO Franco Belawan & Dumai: IDR 14,260 (ACI, AGM)
- CPO Franco Teluk Bayur: IDR 14,130 (WNI)
- CPO FOB Talang Duku: IDR 14,060 (AGM)
- CPO Loco Long Pinang: No bids
- CPO Loco Pelaihari: IDR 13,706 (withdrawn), highest bid was IDR 12,211 (WNI)
(P2)
