PALMOILMAGAZINE, JAKARTA — The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) was withdrawn on Thursday (Oct 23, 2025), with the highest bid recorded at IDR14,408/kg, indicating a decline of IDR148/kg or about 1.02% compared to IDR14,556/kg on Wednesday (Oct 22, 2025).
According to information obtained by Palmoilmagazine.com from KPBN, CPO Franco Dumai opened at IDR15,526/kg but was withdrawn after receiving the highest bid of IDR14,408/kg. Meanwhile, CPO Talang Duku opened at IDR15,326/kg, also withdrawn, with the highest bid of IDR14,208/kg.
In Franco Teluk Bayur, the CPO price was opened at IDR15,396/kg, withdrawn with the top bid of IDR14,263/kg, while Loco Long Pinang had no bidders.
In the kernel segment, CPKO Franco Dumai was recorded at IDR28,104/kg (T2).
From Reuters data, CPO futures on the Malaysian Derivatives Exchange continued to weaken for the fourth consecutive session on Thursday (Oct 23, 2025), pressured by unstable demand and uncertain weather conditions affecting production.
The January 2026 CPO contract fell RM14 or 0.31% to RM4,442 (US$1,051.61) per ton during the midday trade.
In related vegetable oil markets, Dalian’s most active soybean oil contract (DBYcv1) dropped 0.51%, and palm oil futures on the same exchange fell 1.3%. In contrast, soybean oil on the Chicago Board of Trade (CBOT) edged up 0.38%. (P2)
