PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was withdrawn (WD) on Friday, May 9, 2025, with the highest bid recorded at Rp12,935/kg. This marks a 1.26% decrease or a drop of approximately Rp165/kg compared to Thursday’s (May 8, 2025) price of Rp13,100/kg.
According to data obtained by Palmoilmagazine.com from KPBN Inacom, the CPO price at Franco Belawan opened at Rp13,150/kg, but the session ended with a withdrawal, the highest bid being Rp12,935/kg. A similar situation occurred at Franco Dumai, where the opening price was also Rp13,150/kg, but bidding stopped at Rp12,910/kg.
Meanwhile, Reuters reported that palm oil futures on the Malaysian exchange closed higher on Friday (May 9), reversing earlier session losses. However, the market still recorded its second consecutive weekly decline due to concerns over rising production and inventories.
Also Read: CPO Prices Slip at KPBN Inacom on Thursday (May 8), Malaysian Palm Oil Market Weakens
The benchmark July 2025 CPO contract on the Bursa Malaysia Derivatives Exchange rose by RM14 per metric ton, or about 0.37%, closing at RM3,815/ton (around US$888.45). On a weekly basis, however, the contract fell by 1.7%.
A Reuters poll suggests that Malaysia’s palm oil stocks likely rose again in April, marking a second consecutive monthly increase, driven by expectations of peak production season in the second half of the year. The Malaysian Palm Oil Board (MPOB) is scheduled to release official April supply and demand data on May 13.
In related markets, the most active soybean oil contract on China’s Dalian exchange rose by 0.44%, while palm oil contracts on the same exchange climbed 0.28%. Additionally, soybean oil futures on the Chicago Board of Trade (CBOT) gained 0.5%.
KPBN Tender Results (Rp/Kg, Excl. VAT) for Friday, May 9, 2025:
CPO:
- Franco Belawan: Rp13,150 (WD), highest bid Rp12,935 – EOP
- Franco Dumai: Rp13,150 (WD), highest bid Rp12,910 – IBP
- Franco Teluk Bayur: Rp13,020 (WD), highest bid Rp12,760 – WIRA
- FOB Teluk Duku: Rp12,950 (WD), highest bid Rp12,715 – PRISCOLIN
- Loco Sei Tapung: Rp12,911 (WD), highest bid Rp12,605 – WNI
- FOB South Kalimantan: Rp12,750 (WD), highest bid Rp11,855 – WNI
CPKO (Crude Palm Kernel Oil):
- Franco Belawan: Rp29,840 (WD), highest bid Rp28,000 – PHPO
- Loco Palembang: Rp29,476 (WD), highest bid Rp27,250 – IKIN
PK (Palm Kernel):
- Franco Belawan: Rp13,299 (WD), highest bid Rp12,950 – SMART
(P2)
