PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom were set at IDR 13,975/kg on Tuesday (July 8, 2025), marking an increase of IDR 150/kg or 1.08% compared to the highest bid on Monday (July 7, 2025), which reached IDR 13,825/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the CPO price for Franco Belawan and Dumai was set at IDR 13,975/kg, while the FOB Talang Duku price stood at IDR 13,775/kg.
Meanwhile, as reported by Reuters, crude palm oil prices on the Malaysian Exchange continued to rise for a second consecutive day on Tuesday (July 8, 2025). This upward trend was driven by positive sentiment from gains in competing vegetable oil markets and a weaker ringgit, which improved export competitiveness.
Also Read: Palm Oil Market Slips: KPBN Top Offer IDR13,825/kg, Malaysia Down Again on Monday (7/7)
The benchmark CPO futures contract for September 2025 delivery on the Malaysian Derivatives Exchange (FCPOc3) increased by RM49 per metric ton or 1.2%, reaching RM4,120 per ton at midday break. This is equivalent to approximately US$972.62 per ton.
Elsewhere, the most active soybean oil contract on the Dalian Commodity Exchange (DBYcv1) rose by 0.2%, while palm oil futures (DCPcv1) on the same exchange surged by 1.52%. Additionally, soybean oil prices on the Chicago Board of Trade (CBOT) (BOc2) increased by 0.54%, further supporting positive sentiment in the global vegetable oil market.
Here are the KPBN Tender Results (in IDR/kg, excluding VAT) for Tuesday (July 8, 2025):
CPO
Franco Belawan & Dumai: IDR 13,975 – BEST, WNI
FOB Talang Duku: IDR 13,775 – WNI
CPKO
Franco Dumai: IDR 23,413 (Withdrawn). Highest bid: IDR 22,810 – IBP
Loco Palembang: IDR 23,169 (Withdrawn). Highest bid: IDR 22,110 – IKIN
Loco Lampung: IDR 23,339 (Withdrawn). Highest bid: IDR 15,000 – AMJP
PK
Franco Belawan: IDR 10,475 – SMART, MM. (P2)
