PALMOILMAGAZINE, JAKARTA — The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) was set at IDR14,600/kg on Friday (August 22, 2025), marking an increase of around IDR100/kg or 0.69% compared to Thursday’s (August 21) highest bid of IDR14,500/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the Franco Belawan & Dumai CPO price was fixed at IDR14,600/kg, while Loco Talang Duku was set at IDR14,400/kg.
Meanwhile, Reuters reported that benchmark palm oil futures on the Malaysian Exchange strengthened on Friday, heading for a third consecutive weekly gain. The rebound came after three days of declines, supported by stronger rival vegetable oils in Dalian and Chicago, solid export performance, and limited production growth.
Also Read: First Half of 2025: Ministry of Energy Exceeds Oil & Gas Targets, Pushes Biodiesel Utilization
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange rose RM37 per ton, or 0.83%, to RM4,497 (US$1,063.62) per ton during the midday break. For the week, prices were up 0.56%.
In Dalian, the most active soybean oil contract rose 0.52%, while palm oil slipped slightly by 0.17%. On the Chicago Board of Trade, soybean oil edged down 0.26% after surging 4.73% the previous day. Palm oil prices often track movements in other vegetable oils, given their competition in the global edible oil market.
Trade sources revealed that for the first time, Indian buyers purchased palm oil from Colombia and Guatemala, as producers in both countries sought to offload suIDRlus stocks with steep discounts, attracting new demand. On the other hand, Malaysia’s palm oil exports between August 1–20 rose by 13.6%–17% compared to the same period last month, according to data from Intertek Testing Services and AmSpec Agri Malaysia.
KPBN CPO Tender Results (IDR/kg, excl. VAT) — Friday, August 22, 2025:
- Franco Belawan & Dumai: IDR14,600 – BEST, AGM, IBP
- Loco Sei Tapung: IDR14,361 – AGM
- FOB Talang Duku: IDR14,400 – AGM, MM
- Franco Teluk Bayur: IDR14,470 – AHM. (P2)
