Palm Oil Magazine - CPO Prices at KPBN Inacom Slip on Tuesday (Sept 30), Malaysian Palm Oil Futures End Lower

PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) recorded a withdraw (WD) on Tuesday (Sept 30, 2025), with the highest bid standing at Rp 14,462/kg. This reflects a decline of Rp 126/kg or about 0.86% compared to Monday’s (Sept 29) top bid of Rp 14,588/kg.

According to KPBN data obtained by Palmoilmagazine.com, CPO Franco Belawan opened at Rp 14,545/kg but ended with a WD at the highest bid of Rp 14,462/kg. CPO Franco Dumai also opened at Rp 14,545/kg but closed with a WD at Rp 14,438/kg. Meanwhile, CPO FOB Talang Duku opened at Rp 14,345/kg, only to record a WD at Rp 14,248/kg.

Quoting Reuters, Malaysian palm oil futures extended their losses on Tuesday (Sept 30), marking a third straight session of decline. The market was pressured by weaker prices of rival vegetable oils and news that OPEC+ plans to boost crude oil production. Despite the daily weakness, palm oil still posted quarterly gains.

Also Read: Indonesia’s CPO Reference Price for October 2025 Increases, Government Sets Export Levy at US$ 124/MT and Export Duty 10%

The benchmark December 2025 palm oil contract on the Bursa Malaysia Derivatives Exchange fell RM 34, or 0.78%, to close at RM 4,351 (US$1,034.47) per ton. On a quarterly basis, however, palm oil futures rose 9.16%, snapping a two-quarter downtrend.

A Kuala Lumpur-based trader noted that the downturn was mainly driven by negative sentiment across the global vegetable oils complex. “Crude oil prices plunged sharply after reports of OPEC+ boosting production, which further weighed on the market,” the trader explained.

Adding to the pressure, refined palm oil contracts on the Dalian exchange in China also saw selling ahead of the National Day and Mid-Autumn Festival holidays (Oct 1–8). The most active soyoil contract in Dalian slipped 0.17%, while palm olein edged down 0.06%. Meanwhile, soyoil futures on the Chicago Board of Trade were nearly flat, up just 0.02%.

KPBN Tender Results (Rp/kg, excl. VAT) – Tuesday, Sept 30, 2025:
CPO