PALMOILMAGAZINE, JAKARTA — The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom increased slightly on Friday, July 4, 2025. KPBN set the CPO price at IDR13,850 per kilogram, reflecting an increase of IDR50/kg or 0.36% compared to IDR13,800/kg on the previous day (Thursday, July 3).
According to information obtained by Palmoilmagazine.com, the Franco price for CPO at Belawan and Dumai was confirmed at IDR13,850/kg.
Meanwhile, based on a Reuters report, CPO futures on the Malaysian Derivatives Exchange weakened on the same day, pressured by a decline in rival vegetable oil prices in Chicago and Dalian, along with profit-taking by investors. Despite the dip, CPO futures still recorded a weekly gain — the seventh rise in the last eight weeks.
As of the midday break, the September 2025 CPO futures contract (code: FCPOc3) fell RM22 per metric ton or 0.54%, settling at RM4,069 per ton (approximately US$963.08).
Market data showed that:
- The most active soybean oil contract on the Dalian Exchange (DBYcv1) declined 0.92%.
- The palm oil contract (DCPcv1) on the same exchange fell 0.45%.
- In Chicago, soybean oil futures (BOcv1) slid 0.96%.
Although short-term market sentiment remains bearish, CPO futures still posted a weekly gain of 1.67%.
Summary of KPBN Tender Results (in IDR/kg, excluding VAT) for Friday, July 4, 2025:
CPO:
- Franco Belawan & Dumai: IDR13,850 – MM, EOP, EUP
Palm Kernel (PK):
- Loco T. Lebar: IDR9,831 (Winning bid).
- Highest offer: IDR8,400 – UIP (P2)
