PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom fell to IDR 14,177/kg on Tuesday, April 15, 2025. This marks a 0.45% decrease (around IDR 65/kg) from Monday’s price of IDR 14,260/kg.
From information received by Palmoilmagazine.com from KPBN, the CPO Franco Belawan & Dumai price was set at IDR14,177/kg. The Teluk Bayur CPO Franco price was set at IDR14,047/kg. The Talang Duku CPO price was set at IDR13,977/kg.
Meanwhile, as reported by Reuters, palm oil futures on the Malaysian exchange dropped for a second consecutive session on Tuesday, weighed down by declining vegetable oil prices on China’s Dalian Exchange and soybean oil on the Chicago Board of Trade (CBOT), along with a strengthening ringgit.
Also Read: CPO Prices at KPBN Inacom Fall 0.45% on Monday (April 14), Palm Oil Market Weakens in Malaysia
The benchmark June 2025 contract (FCPOc3) on the Malaysia Derivatives Exchange fell by RM66 per ton, or 1.58%, to RM4,104 (US$930.61) per metric ton at mid-day break.
In related markets:
- Dalian’s most active soybean oil contract (DBYcv1) declined 0.36%
- Dalian’s palm oil contract (DCPcv1) slipped 0.41%
- CBOT soybean oil (BOc2) dropped 2.07% in the previous session but edged up 0.15% on Tuesday
KPBN Tender Results (Excl. VAT) – Tuesday, April 15, 2025:
- Franco Belawan & Dumai: IDR 14,177 – SMART, BEST, EUP, IMT, AGM
- Franco Teluk Bayur: IDR 14,047 – WNI
- FOB Talang Duku: IDR 13,977 – PRISCOLIN
- Loco Long Pinang: No bidders
- Loco Pelaihari: IDR 13,623 (Withdrawn). Highest bid: IDR 13,077 – WNI
(P2)
