PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 13,800 per kilogram on Thursday, July 3, 2025. This marks a modest increase of IDR 100/kg, or 0.73%, from the previous day’s price of IDR 13,700/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the Franco Belawan and Dumai CPO price was confirmed at IDR 13,800/kg.
Meanwhile, as reported by Reuters, CPO futures on the Malaysian Derivatives Exchange (BMD) traded within a narrow range on Thursday, supported by gains in vegetable oil prices on China’s Dalian Commodity Exchange. However, further upside was limited by weaker crude oil and soybean oil prices on the Chicago Board of Trade (CBOT).
Also Read: Expanding Opportunities: Malaysian Palm Oil Gains Traction in Oman’s Booming HORECA Sector
At midday, the benchmark CPO futures contract for September 2025 delivery rose slightly by RM12 per metric ton, or 0.3%, to RM4,074/ton, equivalent to approximately US$965.17/ton. This continued the bullish momentum after a strong gain of 2.37% the previous day, although Thursday’s movement was notably more cautious.
On the Dalian Exchange, the most actively traded soyoil contract (DBYcv1) rose 0.28%, while the palm oil contract (DCPcv1) posted a sharper increase of 1.12%.
In contrast, soybean oil prices on the CBOT fell by 0.93%, reflecting a bearish sentiment in the global vegetable oil market that also weighed on the CPO outlook.
KPBN Tender Results (Excl. VAT) – Thursday, July 3, 2025:
- CPO (Franco Belawan & Dumai): IDR 13,800 – MM, EOP, EUP
- Palm Kernel (PK – Loco Teluk Lebar): IDR 9,787 (Withdrawn); Highest bid: IDR 8,400 – UIP. (P2)
