PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) was set at IDR 14,650/kg on Tuesday (Sept 2, 2025), marking an increase of IDR 150/kg or 1.03% compared to Monday’s (Sept 1) level of IDR 14,500/kg.
According to KPBN data, the Franco Dumai price stood at IDR 14,650/kg, while FOB Talang Duku was offered at IDR 14,450/kg.
Meanwhile, Reuters reported that Malaysian palm oil futures rebounded on Tuesday (Sept 2) after two consecutive sessions of decline. The recovery was driven by bargain buying and solid export data.
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The benchmark CPO contract for November 2025 delivery on the Bursa Malaysia Derivatives rose RM 94 per ton, or 2.15%, closing at RM 4,474 (US$1,063.97) per ton. This came after a cumulative 2.41% drop over the previous two sessions, with the exchange closed on Monday due to a national holiday.
Cargo surveyor estimates showed Malaysia’s palm oil exports in August increased between 10.2% and 15.4% compared to July, with India emerging as the largest buyer. India’s August palm oil imports surged to a 13-month high, supported by palm oil’s competitive pricing against soybean oil and strong festive season demand.
On the global market, the most active soybean oil contract in Dalian edged up 0.31%, while palm oil contracts gained 1.03%. On the Chicago Board of Trade, soybean oil futures climbed 0.88%.
KPBN Tender Results (IDR/kg, excl. VAT) – Tuesday, Sept 2, 2025:
- CPO Franco Dumai: 14,650 – EUP, IBP
- FOB Talang Duku: 14,450 – WNI
- Loco Pelaihari: 14,096 (WD). Highest bid: 13,526 – WNI. (P3)
