PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) edged higher on Wednesday (Aug. 13, 2025), with Franco Belawan set at IDR 14,852/kg. This marks an increase of IDR 137/kg, or 0.93%, compared to Tuesday’s (Aug. 12) highest bid of IDR 14,715/kg.
According to KPBN data, Franco Dumai opened at IDR 14,825/kg but was withdrawn, with the highest bid reaching IDR 14,800/kg. FOB Talang Duku opened at IDR 14,652/kg, also withdrawn, with the highest bid at IDR 14,525/kg. Franco Teluk Bayur opened at IDR 14,722/kg but was withdrawn after bids peaked at IDR 14,363/kg.
Meanwhile, Reuters reported that Malaysian palm oil futures strengthened again on Wednesday, extending their rally to a fourth consecutive session. The uptrend was driven by market optimism over stronger August export data.
Also Read: India’s Palm Oil Imports Hit 11-Month High, Boosting Global Market Optimism
The benchmark October 2025 palm oil contract on the Bursa Malaysia Derivatives Exchange rose RM 57 per tonne, or 1.29%, to RM 4,459 (US$1,056.89) per metric ton at the midday break.
Market sentiment was lifted by export estimates from cargo surveyors showing a sharp increase. Intertek Testing Services reported Malaysian palm oil product exports surged 23.3% in Aug. 1–10 compared to the same period in July. AmSpec Agri Malaysia posted a similar rise of 23.7%.
Vegetable oil prices also gained in global markets. In Dalian, the most active soyoil contract rose 1.37%, while palm oil advanced 1.33%. On the Chicago Board of Trade, soyoil edged up 0.15%.
KPBN Tender Results (IDR/kg, excl. VAT) – Aug. 13, 2025:
- Franco Belawan: 14,852 (EOP)
- Franco Dumai: 14,825 (WD), highest bid 14,800 (EUP)
- FOB Talang Duku: 14,652 (WD), highest bid 14,525 (PRISCOLIN)
- Franco Teluk Bayur: 14,722 (WD), highest bid 14,363 (WIRA)
(P2)
