PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at Rp13,655/kg on Friday, June 20, 2025. This reflects a decline of Rp22/kg or about 0.16% from Thursday’s price of Rp13,677/kg.
According to information obtained by Palmoilmagazine.com, the CPO price Franco Belawan & Dumai stood at Rp13,655/kg, while the palm kernel oil (CPKO) price Loco Palembang was posted at Rp20,517/kg.
Meanwhile, as reported by Reuters, CPO futures on the Malaysian exchange weakened on Friday, pressured by sluggish demand from major importing countries. Despite the daily drop, the benchmark contract still marked its sixth consecutive weekly gain, although analysts noted that further upside may require new market drivers.
Also Read: KPBN Inacom CPO Price Edges Up, Malaysian Market Slips Slightly on June 19
At the midday break on the Malaysian Derivatives Exchange, the September 2025 CPO contract (FCPOc3) fell by RM10/ton, or 0.24%, to RM4,094/ton (approximately US$962.61 per metric ton).
On a weekly basis, prices remained up about 5.5%, but traders observed that recent movements have been largely driven by external market factors, while fundamental demand has yet to show strong signs of recovery.
In global edible oil markets, soybean oil—CPO’s main competitor—showed mixed movements. The most active soybean oil contract on Dalian (DBYcv1) rose 0.52%, while Dalian palm oil futures (DCPcv1) dipped slightly by 0.05%. On the Chicago Board of Trade (CBOT), soybean oil futures (BOcv1) increased 0.38%.
KPBN Tender Results (Excl. VAT) – Friday, June 20, 2025:
- CPO – Franco Belawan & Dumai: Rp13,655/kg (EOP, EUP)
- CPKO – Loco Palembang: Rp20,517/kg (IKIN)
(P2)
