KPBN Inacom CPO Withdraws on Thursday (Sept 4), Malaysia’s Palm Oil Trade Stays Tight

Palm Oil Magazine
KPBN Inacom CPO Withdraws on Thursday (Sept 4). Photo by: Palm Oil Magazine

PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) market at PT Kharisma Pemasaran Bersama Nusantara (KPBN) recorded a withdraw (WD) on Thursday, September 4, 2025. The highest bid stood at Rp14,660/kg, marking a slight increase of Rp10/kg or around 0.07% compared to Wednesday’s price of Rp14,650/kg.

According to KPBN data, Franco Dumai CPO opened at Rp14,665/kg, but ended as a WD with the highest bid at Rp14,660/kg. Meanwhile, FOB Talang Duku was set at Rp14,465/kg.

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On the global stage, Reuters reported that Malaysian palm oil futures traded within a narrow range on Thursday but still secured a weekly gain. Market participants are closely watching next week’s data release from the Malaysian Palm Oil Board (MPOB) for clearer direction.

Also Read: KPBN CPO Price Holds Steady, Malaysian Futures Slip on Wednesday (Sept 3)

The benchmark November 2025 contract on the Bursa Malaysia Derivatives Exchange closed up RM7 per ton or 0.16%, at RM4,449 (US$1,058) per ton. On a weekly basis, it climbed 1.42%. With Malaysia’s national holiday set for Friday, some traders chose to trim positions ahead of the long weekend.

A Reuters survey suggested that Malaysia’s palm oil inventories likely rose for a sixth consecutive month in August, as production continued to outpace exports despite signs of a gradual recovery in global demand.

In related vegetable oil markets, Dalian’s most active soyoil contract fell 0.14%, while its palm oil contract slipped 0.21%. On the Chicago Board of Trade (CBOT), soyoil edged down 0.1%.

KPBN Tender Results (Rp/kg, excl. VAT) – Thursday, Sept 4, 2025

CPO

  • Franco Dumai: Rp14,665 (WD). Highest bid Rp14,660 – EUP
  • FOB Talang Duku: Rp14,465 – WNI
  • Franco Teluk Bayur: Rp14,535 (WD). Highest bid Rp14,465 – WNI
  • Loco Parindu: Rp14,315 (WD). Highest bid Rp14,100 – EUP
  • Loco Kembayan: Rp14,215 (WD). Highest bid Rp14,100 – EUP
  • Loco Ngabang: Rp14,315 (WD). Highest bid Rp14,100 – EUP
  • Loco Pelaihari: Rp14,111 (WD). Highest bid Rp13,600 – WNI

CPKO

  • Franco Dumai: Rp30,057 (WD). Highest bid Rp29,830 – IBP
  • Loco Palembang: Rp29,813 (WD). Highest bid Rp29,138 – SAP
  • Loco Lampung: Rp29,983 (WD). Highest bid Rp28,830 – IKIN. (P3)

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