PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 13,331/kg on Monday, June 2, 2025. This marks a slight increase of 0.12% or IDR 16/kg compared to Wednesday, May 28, 2025, when the price stood at IDR 13,315/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the CPO price for Franco Dumai was recorded at IDR 13,315/kg. At Franco Belawan, the opening price was set at IDR 13,331/kg, but no transactions occurred due to a withdrawal (WD), with the highest bid only reaching IDR 13,225/kg.
Meanwhile, CPO trading on the Malaysian Exchange was closed due to Agong’s Birthday—a national holiday in Malaysia commemorating the birthday of the Yang di-Pertuan Agong (King of Malaysia). In 2025, the holiday fell on Monday, June 2.
Also Read: CPO Prices Climb at KPBN Inacom, Malaysian Market Extends Gains on Wednesday (May 28)
Below are the detailed results of KPBN’s CPO tender on Monday (June 2, 2025), excluding VAT:
- Franco Belawan: IDR 13,331 (WD). Highest bid: IDR 13,225 – SMART
- Franco Dumai: IDR 13,331 – KJA
- Franco Teluk Bayur: IDR 13,201 (WD). Highest bid: IDR 12,915 – WNI
- FOB Talang Duku: IDR 13,131 (WD). Highest bid: IDR 13,088 – AGM
- FOB South Kalimantan: IDR 12,931 (WD). Bid: IDR 12,050 – WNI
- Loco Pelaihari: IDR 12,777 (WD). Bid: IDR 12,050 – WNI
Despite the modest price increase, market activity remained subdued as most offers fell short of seller expectations, leading to several failed transactions. The regional market slowdown, especially with Malaysia’s exchange being closed, contributed to the cautious sentiment among buyers. (P2)
