PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom experienced a withdrawal (WD) on Tuesday (July 1, 2025), with the highest bid reaching Rp13,525/kg. This marked an increase of Rp56/kg or 0.42% compared to Monday’s (June 30, 2025) top bid of Rp13,469/kg.
According to information received by Palmoilmagazine.com from KPBN, the CPO price for Franco Belawan and Dumai opened at Rp13,575/kg. However, no deal was finalized as the auction ended with a withdrawal (WD), with the highest offer recorded at Rp13,525/kg.
Meanwhile, global sentiment remained bearish. Reuters reported that CPO futures on the Malaysian Exchange fell for a second straight day on Tuesday (July 1, 2025), pressured by declines in rival vegetable oil prices on the Dalian and Chicago markets, as well as sluggish global crude oil prices.
Also Read: CPO Prices at KPBN Inacom Withdrawn, Malaysian Market Closes Lower on June 30
The benchmark September 2025 CPO contract (FCPOc3) on the Bursa Malaysia Derivatives fell by RM29 per metric ton or 0.73%, closing at RM3,957 per ton during the midday break. This continues the downward trend seen since the beginning of the week.
On the international front, Dalian’s most active soybean oil contract (DBYcv1) slipped 0.15%, while its palm oil contract (DCPcv1) dropped 0.24%. Meanwhile, soybean oil prices on the Chicago Board of Trade (CBOT) recorded a marginal decline of 0.08%.
KPBN Tender Results (Excl. VAT) – Tuesday, July 1, 2025 (Rp/Kg):
- CPO
- Franco Belawan & Dumai: Rp13,575 (Withdrawn)
- Highest Bid: Rp13,525 – EOP, EUP
- CPKO (Crude Palm Kernel Oil)
- Franco Dumai: Rp21,575 – IBP
- Loco Sei Mangkei: Rp21,375 – MM
- PK (Palm Kernel)
- Franco Belawan: Rp10,155 – MM
(P2)
