PALMOILMAGAZINE, JAKARTA — The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) was set at Rp14,250/kg on Tuesday (July 15, 2025), marking a marginal increase of Rp5/kg or 0.04% from Monday’s price of Rp14,245/kg.
According to information obtained by Palmoilmagazine.com from KPBN, CPO Franco Belawan was priced at Rp14,250/kg, while CPO Franco Dumai opened at Rp14,250/kg but ended in a withdrawal (WD), with the highest bid recorded at Rp14,200/kg.
Meanwhile, as reported by Reuters, CPO futures on the Malaysian Derivatives Exchange weakened during Tuesday’s trading following profit-taking after two consecutive sessions of gains. The market is currently awaiting the release of updated export data, which is expected to provide direction for future price movements.
The benchmark CPO futures contract for September 2025 delivery on the Bursa Malaysia Derivatives Exchange dropped by RM52/ton or 1.23%, closing at RM4,178/metric ton during the midday break. This equates to approximately US$982.60 per metric ton.
On the global vegetable oil markets, soyoil futures on China’s Dalian Commodity Exchange remained flat, while palm oil futures in the same market rose slightly by just 0.02%. In contrast, soyoil prices on the Chicago Board of Trade (CBOT) declined by 0.43%.
KPBN Tender Results (Excl. VAT) for Tuesday, July 15, 2025 (Rp/kg):
CPO:
- Franco Belawan: Rp14,250 – EOP
- Franco Dumai: Rp14,250 (Withdrawn). Highest bid: Rp14,200 – EUP
CPKO:
- Franco Dumai: Rp25,677 (Withdrawn). Highest bid: Rp23,925 – IBP
(P2)
