Palm Oil Magazine - CPO Prices Slip at KPBN Inacom on Thursday (May 8), Malaysian Palm Oil Market Weakens

PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR13,100/kg on Thursday (May 8, 2025), reflecting a decline of 0.23% or IDR30/kg from the previous day’s price of IDR13,130/kg.

According to data received by Palmoilmagazine.com from KPBN, CPO Franco Belawan and Dumai was priced at IDR13,100/kg, while CPO Franco Teluk Bayur opened at IDR12,970/kg, but was withdrawn (WD) as the highest bid reached only IDR12,688/kg.

Meanwhile, as reported by Reuters, Malaysian palm oil futures fell for the eighth consecutive session, reaching their lowest level since September. However, strong buying activity and short-covering from Indian traders helped limit the early losses.

Also Read: KPBN CPO Prices Continue to Decline on Wednesday (May 7), Malaysian Palm Oil Futures Also Weaken

The benchmark July 2025 CPO futures contract on the Malaysia Derivatives Exchange fell by RM1/ton (approximately 0.03%) to RM3,727 (US$874.27)/metric ton by the mid-day break.

Anilkumar Bagani, Head of Research at Mumbai-based vegetable oil brokerage Sunvin Group, noted that although futures opened lower, prices quickly rebounded due to active buying and short-covering from Indian markets following the recent steep declines.

In related markets, soybean oil futures on China’s Dalian Exchange dropped 0.13%, while palm oil futures fell 0.63%. In contrast, soybean oil on the Chicago Board of Trade edged up 0.49%.

KPBN Tender Results – Thursday (May 8, 2025) [Excl. VAT]:

CPO