PALMOILMAGAZINE, JAKARTA — The crude palm oil (CPO) trading at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom recorded a withdraw (WD) on Friday (July 11, 2025), with the highest bid reaching Rp14,150/kg. This marks an increase of Rp50/kg or 0.35% compared to Thursday’s (July 10) top offer of Rp14,100/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the CPO price Franco Belawan and Kuala Tanjung opened at Rp14,200/kg but was later withdrawn, with the highest bid settling at Rp14,150/kg.
Meanwhile, as reported by Reuters, palm oil futures on the Malaysian exchange extended their gains on Friday (July 11), poised to notch a second consecutive weekly rise. This uptick came despite data showing an increase in Malaysia’s palm oil inventories for June, as the market found support from stronger rival vegetable oil prices and a weaker ringgit.
The benchmark CPO contract for September 2025 delivery on the Bursa Malaysia Derivatives Exchange rose RM37 per ton, or 0.89%, to RM4,183 per metric ton (approximately US$993.42) at mid-day break.
Over the course of the week, the contract has climbed 2.98%, maintaining the positive momentum from the previous week.
In Dalian, the most active soybean oil contract gained 0.63%, while palm oil futures advanced 0.86%. Conversely, soybean oil prices on the Chicago Board of Trade (CBOT) slipped by 0.36%.
Summary of KPBN Tender Results (Rp/kg), excl. VAT – Friday (July 11, 2025):
CPO
- Franco Belawan & Kuala Tanjung: Rp14,200 (Withdrawn), Highest Bid: Rp14,150 – BEST
- Franco Dumai: Rp14,200 (Withdrawn), Highest Bid: Rp14,115 – KJA. (P2)
