PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom increased to Rp14,100/kg on Thursday, July 10, 2025. This marks a rise of Rp78/kg or 0.56% compared to the highest bid of Rp14,022/kg recorded on Wednesday, July 9.
According to information obtained by Palmoilmagazine.com, KPBN set the CPO price Franco Belawan and Dumai at Rp14,100/kg.
Meanwhile, as reported by Reuters, CPO prices on the Malaysian Derivatives Exchange continued to strengthen for the fourth consecutive day on Thursday. The rally was supported by gains in rival vegetable oils on the Dalian and Chicago exchanges, alongside market response to the latest supply and demand data released by the Malaysian Palm Oil Board (MPOB).
The benchmark September 2025 CPO futures contract on the Bursa Malaysia Derivatives Exchange rose by RM27/ton or 0.65%, closing at RM4,184 per metric ton (equivalent to US$984.47) during the mid-day session.
On the Dalian Commodity Exchange, the most active soybean oil contract (DBYcv1) rose by 0.3%, while the palm oil contract (DCPcv1) gained 0.12%. Likewise, soybean oil prices on the Chicago Board of Trade (BOc2) increased by 0.71%.
The global uptrend in vegetable oil prices has strengthened palm oil’s appeal as a cost-effective alternative, especially amid supply uncertainties and shifting export policies in major producing countries. Additionally, the weakened Malaysian ringgit against the US dollar is benefiting exporters by making palm oil more competitively priced on the international market.
KPBN Tender Results (Rp/kg, excl. VAT) – Thursday, July 10, 2025:
- CPO: Franco Belawan & Dumai: Rp14,100 – PHPO, PAA. (T2)
