PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom rose significantly to IDR 14,401/kg on Tuesday (April 22, 2025), marking a 2.86% increase (around IDR 400/kg) from Monday’s price of IDR 14,001/kg.
According to information obtained by Palmoilmagazine.com, the CPO price for Franco Dumai was set at IDR 14,401/kg. The Franco Belawan price was also opened at IDR 14,401/kg, but the auction was withdrawn (WD), with the highest bid recorded at IDR 14,376/kg.
Meanwhile, as reported by Reuters, Malaysian palm oil futures saw a modest gain on Tuesday (April 22), breaking a six-session losing streak. The increase was driven by bargain buying, though gains were capped due to a stronger ringgit and ongoing economic uncertainty.
Also Read: KPBN Inacom CPO Prices Decline on Monday (April 21), Malaysian Palm Oil Market Also Weakens
The benchmark palm oil contract (FCPOc3) for July 2025 delivery on the Malaysia Derivatives Exchange rose by RM8/ton, or approximately 0.2%, reaching RM3,918 (US$895.5) per metric ton at midday break.
Elsewhere:
- The most active Dalian soybean oil contract (DBYcv1) rose 0.65%.
- The Dalian palm oil contract (DCPcv1) dipped 0.12%.
- Soybean oil on the Chicago Board of Trade (BOcv1) climbed 0.43%.
(P2)
