PALMOILMAGAZINE, JAKARTA — The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) rose to Rp14,625/kg on Wednesday (July 30, 2025), marking an increase of Rp50/kg or approximately 0.34% from the previous day’s rate of Rp14,575/kg on Tuesday (July 29, 2025).
According to information received by Palmoilmagazine.com from KPBN, the CPO price Franco Dumai was set at Rp14,625/kg. The Loco Kembayan price stood at Rp14,175/kg. Meanwhile, the Loco Pelaihari price opened at Rp14,071/kg but experienced a withdrawal (WD), with the highest bid recorded at Rp13,454/kg.
In international markets, Reuters reported that Malaysian palm oil futures strengthened on Wednesday (30/7/2025), supported by gains in rival vegetable oil prices on China’s Dalian Commodity Exchange and a weakening ringgit, which boosted the export appeal of palm oil.
Also Read: Indonesia’s Palm Oil Exports Surge in May 2025, Value Reaches US$2.8 Billion
During the midday break, the benchmark October CPO contract on the Bursa Malaysia Derivatives Exchange rose RM12, or 0.28%, to RM4,266 per metric ton (approximately US$1,007.80). The contract had also gained 0.28% earlier in the day.
In Dalian, the most active soyoil contract (DBYcv1) climbed 0.88%, while the palm oil contract rose 0.6%. Meanwhile, soybean oil prices on the Chicago Board of Trade slipped by 0.26%.
Notably, India made a rare record purchase of 150,000 metric tons of soybean oil from China, driven by oversupply in the Chinese market. This led local crushers to offer competitive discounts compared to South American suppliers.
KPBN Tender Results (Rp/kg, Excl. VAT) for Wednesday (30/7/2025):
CPO:
- Franco Dumai: Rp14,625 – IBP, EUP
- Loco Kembayan: Rp14,175 – EUP
- Loco Pelaihari: Rp14,071 (Withdrawn), Highest Bid: Rp13,454 – WNI
CPKO:
- Franco Dumai: Rp28,129 – IBP. (P2)
