PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) increased to Rp14,600/kg on Friday, August 1, 2025. This marks a Rp75/kg or 0.52% gain compared to the highest bid on Thursday (July 31), which stood at Rp14,525/kg.
According to data obtained by Palmoilmagazine.com from KPBN, the Franco Belawan CPO price opened at Rp14,600/kg. The same price was offered for Franco Dumai, although the tender ended in a withdrawal (WD), with the highest bid recorded at Rp14,578/kg.
On the global stage, Reuters reported that CPO prices on the Malaysian Derivatives Exchange rebounded on Friday (Aug 1) after a soft opening. The recovery was driven by the weakening of the Malaysian ringgit and a U.S. decision to lower import tariffs on Malaysian goods, easing pressure on the commodity market.
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The October 2025 futures contract on the Malaysian bourse rose by RM14 per ton or 0.33%, reaching RM4,244 per metric ton (approximately US$992.75) during the midday break.
Despite the daily rebound, the contract saw a weekly decline of 1.68%, marking two consecutive weeks of losses.
Cargo surveyors estimate that Malaysia’s palm oil exports fell between 6.7% and 9.6% in July. The official supply and demand data from the Malaysian Palm Oil Board (MPOB) is expected on August 11, 2025, and will serve as a critical reference for market participants.
In parallel, prices of other global vegetable oils also strengthened. Soyoil futures in Dalian climbed 0.24%, while palm oil contracts in the same market inched up 0.04%. In Chicago, soyoil prices on the CBOT rose 0.37%.
KPBN Tender Results (Excl. VAT) – Friday, August 1, 2025
CPO Prices (Rp/kg):
- Franco Belawan: Rp14,600 – EOP
- Franco Dumai: Rp14,600 (WD) | Highest bid: Rp14,578 – EUP
- Franco Teluk Bayur: Rp14,470 (WD) | Highest bid: Rp14,291 – WNI
- Loco Kembayan: Rp14,150 – WNI
- Loco Pelaihari: Rp14,046 (WD) | Highest bid: Rp13,426 – WNI. (P2)
