PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) surged to Rp14,555/kg on Friday, July 18, 2025. This marks an increase of Rp195/kg or approximately 1.36% compared to the previous day’s price of Rp14,360/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the Franco price for Belawan and Dumai stood at Rp14,555/kg, while the FOB price at Talang Duku was recorded at Rp14,355/kg.
Meanwhile, CPO prices on the Bursa Malaysia Derivatives Exchange also ended higher on Friday (18/7), recording a third consecutive weekly gain. The rally was driven by strengthening prices of rival vegetable oils on both the Dalian and Chicago exchanges, coupled with expectations of a weaker Malaysian ringgit.
The benchmark CPO futures contract for October delivery on the Malaysian exchange jumped RM106 per metric ton or 2.52%, closing at RM4,316 per ton (approximately US$1,017.92). This marks the highest closing in the last 14 weeks, with a weekly gain of 3.40%.
In the Dalian Commodity Exchange, the most active soyoil contract climbed 1.34%, while palm oil futures rose by 2.28%. Similarly, soyoil futures on the Chicago Board of Trade increased by 1%, adding further bullish sentiment to the global palm oil market.
The broad-based rally in vegetable oil prices has boosted buying interest in Malaysian CPO, supported by improving technical sentiment ahead of the upcoming release of export and production data. (P2)
