PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 13,180/kg on Tuesday, May 27, 2025. This marks an increase of 0.42%, or IDR 55/kg, compared to Monday’s price of IDR 13,125/kg.
According to data obtained by Palmoilmagazine.com from KPBN, the CPO price for Franco Belawan and Dumai was set at IDR 13,180/kg. The Loco Pelaihari price opened at IDR 12,626/kg, but no deal was finalized (withdrawn), with the highest bid reaching IDR 12,100/kg.
Meanwhile, as reported by Reuters, palm oil futures on the Malaysian exchange saw a slight decline on Tuesday (May 27) after posting gains over the previous two trading sessions. The dip was attributed to market concerns over a potential increase in production and inventories in the coming months.
Also Read: CPO Prices Weaken at KPBN Inacom and Bursa Malaysia on Monday (May 26)
The benchmark CPO futures contract for August 2025 delivery (FCPOc3) on the Bursa Malaysia dropped by RM27 per metric ton, or around 0.7%, to RM3,806 per metric ton at midday break. This is equivalent to approximately USD 903.61 per ton.
Traders are currently awaiting the Malaysian Palm Oil Board’s (MPOB) monthly report, scheduled for release on June 10. The report is expected to provide updated data on palm oil supply, demand, stock levels, and production.
On the export front, estimates from several cargo surveyors indicated that Malaysian palm oil exports rose between 7.3% and 11.6% from May 1–25 compared to the same period in the previous month. However, this increase has not been sufficient to significantly boost prices amid ongoing concerns over excess supply.
Globally, prices of other vegetable oils showed mixed trends. In Dalian, the most actively traded soybean oil contract (DBYcv1) dipped slightly by 0.08%, while palm oil futures (DCPcv1) in the same market gained 0.3%. On the Chicago Board of Trade, soybean oil futures (BOcv1) rose marginally by 0.08%, reflecting continued uncertainty in the global vegetable oil market.
KPBN Tender Results (May 27, 2025, Excl. VAT):
- CPO
- Franco Belawan & Dumai: IDR 13,180/kg (BEST, EUP)
- Loco Pelaihari: IDR 12,626/kg (Withdrawn); Highest bid: IDR 12,100/kg (WNI)
- FOB South Kalimantan: IDR 12,780/kg (Withdrawn); Highest bid: IDR 12,100/kg (WNI)
- CPKO (Crude Palm Kernel Oil)
- Franco Dumai: IDR 26,784/kg (Withdrawn); Highest bid: IDR 25,780/kg (IBP)
- PK (Palm Kernel)
- Franco Belawan: IDR 12,262/kg (Withdrawn); Highest bid: IDR 12,111/kg (SDJP)
(P3)
