PALMOILMAGAZINE, JAKARTA — The crude palm oil (CPO) price set by PT Kharisma Pemasaran Bersama Nusantara (KPBN) was recorded at IDR14,550/kg on Tuesday, July 22, 2025. This reflects a slight decrease of IDR26/kg or 0.18% compared to the previous day’s price of IDR14,576/kg on Monday, July 21.
According to data obtained by Palmoilmagazine.com from KPBN, the Franco Belawan price was fixed at IDR14,550/kg, while Franco Dumai opened at the same price but experienced a withdrawal (WD) with the highest bid reaching IDR14,469/kg. The FOB Kembayan also opened at IDR14,100/kg, yet it was also withdrawn, with the highest offer at IDR13,827/kg.
Meanwhile, as reported by Reuters, CPO futures in the Malaysian market rose slightly during Tuesday’s session amid persistent market volatility due to uncertainties surrounding trade negotiations between major Asian economies and the United States.
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The benchmark CPO futures contract for October delivery on the Malaysian Derivatives Exchange gained RM25 per ton or 0.59%, closing the midday session at RM4,250/metric ton (approximately US$1,004.73). This followed a 2.1% decline in the previous session on Monday.
Elsewhere, the Dalian Commodity Exchange showed mixed signals: the most active soybean oil contract (DBYcv1) fell 0.59%, while the palm oil contract (CPO1!) dropped 0.31%. Additionally, on the Chicago Board of Trade, soybean oil prices (ZL1!) slipped 0.91%.
KPBN Tender Results – Tuesday (July 22, 2025), Excluding VAT (IDR/kg):
CPO
- Franco Belawan: IDR14,550 – EOP
- Franco Dumai: IDR14,550 (WD) – Highest Bid: IDR14,469 – KJA
- Loco Kembayan: IDR14,100 (WD) – Highest Bid: IDR13,827 – MNA
- Loco Pelaihari: IDR13,996 (WD) – Highest Bid: IDR13,377 – WNI
CPKO
- Franco Dumai: IDR26,369 – IBP
PK (Palm Kernel)
- Franco Belawan: IDR12,035 – MM
(P2)
