PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) rose to Rp14,575/kg on Tuesday, July 29, 2025, marking an increase of Rp81/kg or 0.56% from the previous day’s price of Rp14,494/kg.
According to data obtained by Palmoilmagazine.com, KPBN listed the Franco Belawan price at Rp14,575/kg, and the Franco Dumai price opened at the same level, though the bid was later withdrawn, with the highest offer reaching Rp14,550/kg.
Meanwhile, as reported by Reuters, CPO futures on the Malaysian exchange rebounded on Tuesday, reversing the losses from previous sessions. The market was buoyed by bargain hunting and short covering activities, helping lift prices after two consecutive days of declines.
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The benchmark CPO futures contract for October delivery on the Malaysia Derivatives Exchange rose 20 ringgit (around 0.47%) to 4,262 ringgit per metric ton (approximately US$1,005.90) at the midday break.
A trader based in Kuala Lumpur commented that the return to positive territory was largely driven by last-minute bargain buying. “There was likely additional upward push from short covering, which supported the market,” he said.
On the global front, soyoil futures in Dalian posted a 1.4% gain, while palm oil futures climbed 0.76%. In contrast, soyoil prices on the Chicago Board of Trade (CBOT) edged down 0.18%.
KPBN Tender Results (Tuesday, 29 July 2025, in Rp/kg, Excl. VAT):
CPO:
- Franco Belawan: Rp14,575 – EOP
- Franco Dumai: Rp14,575 (Withdrawn), Highest Bid: Rp14,550 – EUP
- Loco Kembayan: Rp14,125 – EUP
- Loco Pelaihari: Rp14,021 (Withdrawn), Highest Bid: Rp13,355 – WNI
CPKO (Crude Palm Kernel Oil):
- Franco Dumai: Rp28,060 (Withdrawn), Highest Bid: Rp27,385 – IBP
PK (Palm Kernel):
- Franco Belawan: Rp12,653 – MM
(P2)
