PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices in the domestic market edged up slightly at the start of this week. PT Kharisma Pemasaran Bersama Nusantara (KPBN) or Inacom set the price at IDR14,699 per kilogram on Monday (Aug 25, 2025), marking an increase of IDR99 or about 0.68% from last Friday (Aug 22, 2025) when it stood at IDR14,600/kg.
According to KPBN data, the Franco Belawan CPO price opened at IDR14,699/kg. The same figure was set for Dumai, though the auction ended in a withdrawal (WD) with the highest bid at IDR14,615/kg. Meanwhile, Loco Talang Duku was priced at IDR14,499/kg.
While domestic prices ticked up, the global market told a different story. Reuters reported that benchmark palm oil futures on the Malaysian Exchange slipped on Monday (Aug 25, 2025). The November 2025 contract fell by RM22 per ton, or 0.49%, to RM4,507 per ton (US$1,073.86) at the midday break. Analysts cited concerns that the recent high prices could dampen demand going forward.
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This came after a 1.55% rally at the end of last week. In other commodities, the most active soybean oil contract in Dalian rose 0.66%, palm oil futures there gained 0.5%, while soybean oil on the Chicago Board of Trade dropped 0.45%.
KPBN Tender Results, Monday (Aug 25, 2025), excl. VAT:
- Franco Belawan: IDR14,699 – EOP
- Franco Dumai: IDR14,699 (WD), highest bid IDR14,615 – IBP
- FOB Talang Duku: IDR14,499 – PRISCOLIN
- Franco Teluk Bayur: IDR14,569 (WD), highest bid IDR14,485 – WIRA
- Loco Sei Tapung: IDR14,460 – AGM
The modest rise in domestic CPO prices brings a touch of optimism for the palm oil industry, though global trends remain clouded with uncertainty. (P2)
