PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 13,550/kg on Thursday, June 26, 2025, marking a slight increase of IDR 50/kg, or approximately 0.37%, compared to IDR 13,500/kg recorded on the previous day, Wednesday, June 25.
According to Palmoilmagazine.com, KPBN reported that CPO prices for various delivery points were as follows:
- Franco Dumai: IDR 13,550/kg
- Franco Teluk Bayur: IDR 13,420/kg
- Franco Talang Duku: IDR 13,350/kg
Meanwhile, as reported by Reuters, CPO futures on the Malaysian exchange also posted a modest gain during Thursday’s session. The rise was driven by expectations of declining output coupled with strong demand from key export markets.
The benchmark CPO contract for September 2025 delivery (code FCPOc3) climbed RM18 per ton, or around 0.45%, to RM3,983 per metric ton (approximately US$943.39) at mid-day break. This slight rebound comes after the contract had slipped by as much as 3.9% over the previous two trading days.
Market players are also closely watching supply and demand data from the Malaysian Palm Oil Board (MPOB), which is scheduled to release official figures for June on July 10.
On a broader scale, movements in other vegetable oil markets also influenced sentiment. The most active soybean oil contract in Dalian (code DBYcv1) rose by 0.38%, while palm oil contracts in the same exchange (DCPcv1) edged up 0.1%. However, soybean oil prices on the Chicago Board of Trade (BOcv1) slightly declined by 0.27%. (P2)
