PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) traded through PT Kharisma Pemasaran Bersama Nusantara (KPBN Inacom) increased on Thursday (Oct 9, 2025). KPBN set the CPO price at IDR 14,999/kg, up IDR 98/kg or about 0.66% compared to IDR 14,901/kg recorded on Wednesday (Oct 8, 2025).
According to data obtained by Palmoilmagazine.com from KPBN, Franco Dumai CPO was priced at IDR 14,999/kg. The FOB Talang Duku price opened at IDR 14,799/kg but was withdrawn (WD) with the highest bid reaching IDR 14,708/kg. Meanwhile, Franco Teluk Bayur opened at IDR 14,869/kg and was also withdrawn, with the top bid recorded at IDR 14,754/kg. There were no bidders reported for Loco Long Pinang.
On the global front, Reuters reported that Malaysia’s palm oil futures strengthened on Thursday (Oct 9), closing at their highest level in seven months. The rally was driven by higher vegetable oil prices on the Dalian exchange and optimism surrounding Indonesia’s upcoming B50 biodiesel policy.
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The December 2025 CPO futures contract rose RM 49 per ton or around 1.08%, reaching RM 4,594 (US$1,090.18) per ton — its strongest level since March 7. This marks the third consecutive trading session of gains for the commodity.
Indonesia’s B50 biodiesel program, which mandates blending 50% palm-based biofuel into diesel, is expected to boost domestic demand for palm oil. The policy aims to reduce reliance on imported fossil fuels while supporting the country’s renewable energy agenda.
In comparison, on the Dalian Commodity Exchange, the most active soybean oil contract increased by 2.69%, while palm oil contracts surged by 4.13%. Conversely, soybean oil prices on the Chicago Board of Trade (CBOT) edged down slightly by 0.06%.
Meanwhile, for palm kernel (PK), KPBN recorded Loco Solok Selatan at IDR 13,100/kg, and Loco Ophir at IDR 13,174/kg.
The upward trend in both domestic and international CPO prices reflects growing market optimism, supported by stronger biodiesel demand and Indonesia’s continued efforts to advance palm oil downstreaming and energy diversification. (P2)
