PALMOILMAGAZINE, JAKARTA — The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was marked as withdrawn (WD) on Monday, July 7, 2025. The highest bid recorded was IDR13,825/kg, showing a slight decrease of IDR25/kg or 0.18% compared to the previous price of IDR13,850/kg on Friday, July 4.
According to information obtained by Palmoilmagazine.com from KPBN, the CPO Franco price for Belawan and Dumai was set at IDR13,850/kg.
Meanwhile, Reuters reported that CPO prices on the Malaysian exchange continued to decline for the second consecutive day on Monday (7/7), pressured by weakening prices of competing vegetable oils and the plunge in global crude oil prices.
Also Read: Indonesia’s CPO Reference Price for July 2025 Rises to USD 877.89/MT, While Cocoa Beans Drop
The benchmark September 2025 CPO futures contract (FCPOc3) on the Malaysian Derivatives Exchange dropped RM15 per metric ton or about 0.37%, settling at RM4,047/ton (approximately US$956.06) during the midday break.
Elsewhere, the most active soybean oil contract on the Dalian Commodity Exchange (DBYcv1) slipped 1.05%, while Dalian’s palm oil contract (DCPcv1) fell 0.42%. On the Chicago Board of Trade (CBOT), soybean oil futures (BOc2) plunged even further, down 1.76%.
However, a weakening Malaysian ringgit offered some cushion for domestic CPO prices. A softer local currency tends to make export commodities like palm oil more competitive in global markets.
Summary of KPBN Tender Results (IDR/Kg), Excl. VAT – Monday (7/7/2025):
CPO
Franco Belawan & Dumai: IDR13,900 (Withdrawn), Highest bid: IDR13,825 – MM, IBP. (P2)
