PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) recorded a withdraw (WD) on Wednesday (Aug 20, 2025), with the highest bid reaching Rp14,560/kg. This marks a decline of Rp166/kg, or about 1.13%, compared to Tuesday’s (Aug 19, 2025) price of Rp14,726/kg.
According to information from KPBN, CPO Franco Belawan & Dumai opened at Rp14,642/kg but ended in a withdraw with the highest bid at Rp14,560/kg. Meanwhile, CPO FOB Talang Duku opened at Rp14,442/kg and withdrew with the highest bid of Rp14,360/kg.
Quoting Reuters, Malaysian palm oil futures also slipped for a second consecutive session on Wednesday, dragged lower by weakness in rival vegetable oils. The benchmark November 2025 CPO contract dropped RM25, or 0.55%, to RM4,496 (US$1,064.14) per ton during the midday break.
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Market participants were said to be cautious ahead of Malaysian palm oil export data for Aug 1–20 from cargo surveyors. However, the weaker Malaysian ringgit, the currency used in palm oil trade, provided slight support to prices.
On the global stage, the most-active soyoil contract in Dalian plunged 2.22%, while Dalian palm oil slipped 1.72%. Meanwhile, Chicago Board of Trade (CBOT) soyoil also declined 0.54%.
KPBN Tender Results (Rp/kg, excl. VAT) – Wednesday (Aug 20, 2025):
- CPO Franco Belawan & Dumai: Rp14,642 (WD). Highest bid: Rp14,560 – PHPO, PAA
- CPO FOB Talang Duku: Rp14,442 (WD). Highest bid: Rp14,360 – PAA
- CPO Franco Teluk Bayur: Rp14,512 (WD). Highest bid: Rp14,360 – WIRA
(P2)
