PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom fell to Rp13,350/kg on Thursday, May 22, 2025. This marks a 0.37% drop or Rp50/kg decline from the previous day’s price of Rp13,400/kg.
According to information received by Palmoilmagazine.com from KPBN Inacom:
- Franco Dumai: Rp13,350/kg
- Franco Belawan: Opened at Rp13,350/kg but was withdrawn (WD); highest bid at Rp13,195/kg
- Franco Kuala Tanjung: Also opened at Rp13,350/kg but withdrawn, with a top bid of Rp13,330/kg
- Franco Teluk Bayur: Withdrawn; top bid Rp13,065/kg
- FOB Talang Duku: Withdrawn; top bid Rp13,130/kg
- South Kalimantan: Withdrawn; top bid Rp12,200/kg
Other Commodities:
- Crude Palm Kernel Oil (CPKO) at Kuala Tanjung: Withdrawn; highest bid Rp27,075/kg
- Palm Kernel (PK) at Belawan: Rp12,575/kg
On the international front, CPO futures on the Malaysian Derivatives Exchange weakened for the second consecutive session. The August 2025 contract dropped RM50 or 1.28%, settling at RM3,844/ton (approximately USD 903.41/ton) by midday.
Analyst David Ng of Iceberg X Sdn Bhd (Kuala Lumpur) cited multiple bearish factors:
- Falling soybean oil prices, impacted by weaker crude oil and global market sentiment
- Market concerns over a likely rise in palm oil production in the coming weeks
In related markets:
- Soybean oil futures on the Dalian Exchange fell 0.44%
- Palm oil futures on Dalian dropped 0.57%
- Soybean oil on the Chicago Board of Trade slid significantly by 2.85%
The downtrend in both domestic and international markets reflects the ongoing pressure from volatile global conditions and expectations of increasing supply. (P2)
