PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) slipped again on Thursday (Sept 18, 2025). CPO was set at IDR 14,623/kg, down IDR 87 or about 0.59% compared to the previous day’s level of IDR 14,710/kg.
According to KPBN data, the Franco Dumai CPO price opened at IDR 14,623/kg. For Loco Pelaihari, prices opened at IDR 14,069/kg but ended in withdraw (WD) with the highest bid recorded at only IDR 13,466/kg.
The pressure was also felt on the Malaysian exchange. Benchmark December delivery CPO futures dropped by RM 48 per ton, or 1.07%, to RM 4,427 (US$1,055.56) per ton during the midday break.
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The decline was triggered by weaker soybean oil prices in Dalian and Chicago. In Dalian, the most active soybean oil contract fell 1.71%, while palm oil futures slid 2%. On the Chicago Board of Trade (CBOT), soybean oil fell 0.62%.
Negative sentiment also came from Brazil, where a judge rejected a request from farmers to lift a ban on trading soybeans grown on newly deforested Amazon land. This means the soybean moratorium, a private agreement that has been in place for nearly two decades to protect the Amazon forest, will continue. Meanwhile, in the United States, the Environmental Protection Agency (EPA) added pressure with a new proposal to reallocate biofuel blending obligations to major refiners under the Small Refinery Exemption (SRE) program.
KPBN Tender Results (Sept 18, 2025), Excluding VAT:
CPO
- Franco Dumai: IDR 14,623/Kg – KJA
- Loco Pelaihari: IDR 14,069 (WD), highest bid IDR 13,466 – WNI
- Loco Long Pinang: No Bidder
CPKO
- Franco Dumai: IDR 30,734 (WD), highest bid IDR 29,850 – IBP
- Loco Palembang: IDR 30,490 (WD), highest bid IDR 29,200 – AMJP
- Loco Lampung: IDR 30,660 (WD), highest bid IDR 29,200 – AMJP. (P2)
