PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom rose slightly to Rp13,400/kg on Wednesday, May 21, 2025. This marks a 0.37% increase or about Rp50/kg compared to Tuesday’s (May 20) price of Rp13,350/kg.
From information obtained by Palmoilmagazine.com from KPBN, the CPO Franco Belawan, Kuala Tanjung & Dumai price was set at Rp13,400/kg. CPO Franco Teluk Bayur price was opened at Rp13,270/kg but there was a withdrawal (WD) with the highest bid price of Rp13,193/Kg. CPO Franco Talang Duku price was set at IDR13,200/kg.
Meanwhile, Reuters reported a slight increase in Malaysian palm oil futures on Wednesday, driven by stronger prices of competing vegetable oils and relatively positive export data. However, gains were limited by rising production and stockpiles.
Also Read: CPO Prices Rise Slightly at KPBN Inacom to Rp13,350/kg on Tuesday (5/20)
The benchmark CPO futures contract for August 2025 delivery on the Malaysian Derivatives Exchange (FCPOc3) rose RM8 per metric ton, or about 0.2%, to RM3,916 per ton (approximately US$917.10) during the midday break. This marks the third consecutive day of price increases.
A Kuala Lumpur-based trader stated that the upward movement was supported by positive sentiment in the global vegetable oil market—especially soybean oil—and improving export performance.
In international markets:
- Dalian Commodity Exchange: Most active soybean oil contract (DBYcv1) rose 0.18%, and palm oil contract (DCPcv1) increased by 0.3%
- Chicago Board of Trade: Soybean oil contract (BOcv1) climbed 0.79%, reinforcing the uptrend in Malaysia’s CPO market
KPBN Tender Results (Prices in Rp/kg, excluding VAT) – Wednesday, May 21, 2025
CPO
- Franco Belawan, Kuala Tanjung & Dumai: Rp13,400 – BEST, PHPO, PAA
- Franco Teluk Bayur: Rp13,270 (Withdrawn). Highest bid: Rp13,193 – WIRA
- FOB Talang Duku: Rp13,200 – PAA
CPKO (Crude Palm Kernel Oil)
- Franco Kuala Tanjung: Rp27,516 (Withdrawn). Highest bid: Rp27,180 – MM
- Loco Palembang: Rp27,152 (Withdrawn). Highest bid: Rp26,480 – IKIN
PK (Palm Kernel)
- Franco Belawan: Rp12,850 (Withdrawn). Highest bid: Rp12,752 – MM
(P2)
