PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) was set at IDR 14,498/kg on Wednesday (September 24, 2025), marking a slight increase of IDR 23/kg or 0.16% compared to Tuesday’s price (September 23, 2025), which stood at IDR 14,475/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the Franco Dumai CPO price was set at IDR 14,498/kg. Meanwhile, Loco Pelaihari opened at IDR 13,944/kg, but ended with a withdrawal (WD) after the highest bid came in at IDR 13,349/kg.
Citing Reuters, palm oil futures on the Malaysian exchange traded within a tight range on Wednesday (September 24, 2025). The market was supported by stronger export demand and gains in soybean oil prices, but weighed down by palm oil’s weaker competitiveness compared to other vegetable oils.
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The benchmark December 2025 CPO futures contract on the Bursa Malaysia Derivatives Exchange inched up RM 7 per ton, or 0.16%, to RM 4,350 (US$1,036.21) per ton during the midday break. A day earlier, the contract had dropped by 2.25%.
Cargo surveyor data estimated Malaysia’s palm oil product exports for the September 1–20 period rose by 8.3% to 8.7% compared with the previous month.
Elsewhere, on the Dalian Commodity Exchange, the most active soybean oil contract slipped 0.34%, while palm oil contracts edged up just 0.04%. On the Chicago Board of Trade (CBOT), soybean oil prices were slightly firmer, rising 0.12%.
KPBN Tender Results (IDR/kg), Excluding VAT, Wednesday (Sept 24, 2025):
- CPO
- Franco Dumai: IDR 14,498 – ASK
- Loco Pelaihari: IDR 13,944 (WD), highest bid IDR 13,349 – WNI
- Loco Long Pinang: No bidder
- CPKO
- Franco Dumai: IDR 30,335 (WD), highest bid IDR 29,830 – IBP
- Loco Palembang: IDR 30,091 (WD), highest bid IDR 29,180 – IKIN
(P2)
