PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) was withdrawn on Thursday (Aug 14, 2025), with the highest bid recorded at Rp14,397/kg. This marks a decline of Rp455/kg or 3.06% compared to Wednesday’s (Aug 13) highest bid of Rp14,852/kg.
According to KPBN data, CPO Franco Belawan & Dumai opened at Rp14,707/kg but was withdrawn, with the highest bid at Rp14,397/kg. CPO FOB Talang Duku opened at Rp14,507/kg and was withdrawn at Rp14,197/kg.
Reuters reported that Malaysian palm oil futures closed lower on Thursday, ending a four-day rally amid profit-taking and market speculation that Indonesia’s palm oil industry group is lobbying the government to delay the implementation of the mandatory 50% biodiesel blend (B50).
Also Read: India’s Palm Oil Imports Hit 11-Month High, Boosting Global Market Optimism
The benchmark CPO contract for October 2025 delivery on the Bursa Malaysia Derivatives Exchange fell RM30/ton, or 0.68%, to RM4,405 (US$1,046.32) per ton at the close of trade.
The Indonesian Palm Oil Association (GAPKI) was said to be urging the government to review the B50 plan over concerns it could pressure palm oil exports. However, a government official denied receiving such a proposal, and GAPKI stated it had never submitted an official written request.
On the Dalian Commodity Exchange, the most active soyoil contract (DBYcv1) slipped 0.47%, while palm oil fell 1.09%. Chicago Board of Trade soyoil futures also dropped 0.9%.
KPBN CPO Tender Results (Rp/kg, excl. VAT) – Thursday, Aug 14, 2025:
- Franco Belawan & Dumai: Rp14,707 (WD), highest bid Rp14,397 – PHPO, PAA
- FOB Talang Duku: Rp14,507 (WD), highest bid Rp14,197 – PAA
- Franco Teluk Bayur: Rp14,577 (WD), highest bid Rp14,235 – WIRA. (P2)
