PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom were withdrawn (WD) on Monday, June 30, 2025. The highest bid reached Rp13,469/kg, reflecting a Rp81/kg or 0.60% decline from Thursday’s price (June 26), which stood at Rp13,550/kg.
According to information obtained by Palmoilmagazine.com, the CPO price at Franco Belawan opened at Rp13,550/kg, but no deal was made as the highest bid only reached Rp13,450/kg. Similarly, Franco Dumai opened at Rp13,550/kg but was also withdrawn, with the top bid recorded at Rp13,469/kg.
At Franco Teluk Bayur, the opening price was Rp13,420/kg, but the highest bid was only Rp13,285/kg, resulting in another withdrawal. Meanwhile, FOB Talang Duku recorded a transaction at Rp13,350/kg.
Internationally, Reuters reported that CPO futures on the Malaysian Derivatives Exchange (BMD) also closed lower on Monday (June 30). The market faced pressure from weakening palm oil and soybean prices on China’s Dalian Commodity Exchange, as well as declining global crude oil prices.
The benchmark CPO contract for September 2025 delivery closed down RM24/ton, or 0.6%, settling at RM3,987/ton (approximately US$947.48).
In Dalian, the most active palm oil contract (DCPcv1) dropped 0.43%, and soybean oil (DBYcv1) fell 0.22%. On the other hand, soybean oil prices on the Chicago Board of Trade (CBOT) rose 0.61%, sending mixed signals to global market players.
KPBN Tender Results (excl. VAT) – Monday, June 30, 2025 (Rp/kg):
- Franco Belawan: Rp13,550 (Withdrawn), highest bid Rp13,450 – BEST
- Franco Dumai: Rp13,550 (Withdrawn), highest bid Rp13,469 – KJA
- Franco Teluk Bayur: Rp13,420 (Withdrawn), highest bid Rp13,285 – WNI
- FOB Talang Duku: Rp13,350 – PRISCOLIN. (P2)