PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom dropped to Rp14,001/kg on Monday, April 21, 2025. This marks a decrease of Rp224/kg compared to the price on Thursday, April 17, 2025, which was Rp14,225/kg.
According to information from KPBN, the CPO price for Franco Belawan and Dumai was set at Rp14,225/kg, while Franco Teluk Bayur was at Rp14,095/kg, and Talang Duku at Rp14,025/kg.
Meanwhile, Reuters reported that palm oil futures on the Malaysian Derivatives Exchange fell for the sixth consecutive session on Monday (April 21), pressured by declining soybean oil and crude oil prices, along with a stronger ringgit. These movements were largely driven by concerns over new U.S. tariffs.
Also Read: CPO Prices at KPBN Inacom Increase by Rp125/kg on April 17, 2025
The benchmark July 2025 palm oil contract (FCPOc3) on the Malaysia Derivatives Exchange fell by RM46 per ton, or around 1.16%, to RM3,929 (US$895.80) per metric ton at midday break.
“Palm oil futures declined due to weakness in soybean oil and crude oil, reflecting negative global sentiment following U.S. tariff policies,” said David Ng, a trader at Kuala Lumpur-based Iceberg X Sdn Bhd.
In related markets:
- Dalian’s most active soybean oil contract (DBYcv1) dropped 0.41%
- Dalian’s palm oil contract (DCPcv1) fell 1.4%
- Soybean oil on the Chicago Board of Trade (BOcv1) declined 0.12%
KPBN Tender Results (excl. VAT) – Monday, April 21, 2025 (Rp/kg):
- Franco Belawan: Rp14,001 (Withdrawn). Highest bid: Rp13,921 – EOP
- Dumai: Rp14,001 – EUP
- Loco Long Pinang: No bidder
- Loco Pelaihari: Rp13,447 (Withdrawn). Highest bid: Rp12,700 – WNI
(P2)
