PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price set by PT Kharisma Pemasaran Bersama Nusantara (KPBN) stood at IDR 14,550/kg on Thursday (Aug 28, 2025). This marks a decline of around IDR 100/kg, or 0.68%, compared to Wednesday’s (Aug 27, 2025) price of IDR 14,650/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the Franco Dumai CPO price was set at IDR 14,650/kg, while Franco Teluk Bayur was quoted at IDR 14,520/kg.
Meanwhile, Reuters reported that Malaysian palm oil futures closed lower on Thursday (Aug 29, 2025), pressured by falling global soyoil prices. Market participants were also closely watching developments ahead of planned trade talks between the United States and China.
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The benchmark November 2025 palm oil contract on the Bursa Malaysia Derivatives Exchange slipped RM 40 per ton, down 0.89%, to RM 4,448 (approximately US$1,057.79) per ton at the close of trade. A day earlier, the contract had inched up 0.4%.
In related markets, the most active soyoil contract in Dalian dropped 0.55%, palm oil futures in Dalian fell 1.09%, and soyoil on the Chicago Board of Trade weakened 0.3%.
KPBN Tender Results (IDR/kg, excl. VAT) for Thursday, Aug 28, 2025:
- Franco Dumai: 14,550 – KJA
- Franco Teluk Bayur: 14,420 – WIRA
- Loco Parindu: 14,300 – EUP
- Loco Kembayan: 14,200 – EUP
- Loco Ngabang: 14,300 – EUP
- Loco Pelaihari: 13,996 – WD (Highest bid: 13,500 – WNI)
(P2)
