KPBN Inacom CPO Price Drops on Wednesday (Oct 29) as Malaysian Palm Oil Market Weakens

PALMOILMAGAZINE, JAKARTA — The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN Inacom) fell slightly to IDR14,188 per kilogram on Wednesday (October 29, 2025), down IDR135/kg or about 0.94% from the highest offer on Monday (October 27, 2025), which reached IDR14,323/kg.

According to information obtained by Palmoilmagazine.com from KPBN INACOM, the Franco Dumai CPO price was set at IDR14,188/kg. Meanwhile, CPO Talang Duku opened at IDR13,988/kg but recorded a withdraw (WD) with the highest offer at IDR13,803/kg. The Franco Teluk Bayur price opened at IDR14,058/kg but was also withdrawn, with the highest offer at IDR13,873/kg.

Quoting Reuters, CPO prices on the Malaysian Derivatives Exchange continued to weaken on Wednesday (October 29, 2025), marking the fourth consecutive day of decline and potentially closing the month with a second consecutive monthly drop. The benchmark January 2026 CPO futures contract fell RM65, or 1.51%, to RM4,252 per metric ton (approximately US$1,006.63) — its lowest level since August 7.

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The Indonesian Palm Oil Association (GAPKI) previously projected that Indonesia’s palm oil production in 2025 could reach around 56 million metric tons, higher than earlier estimates.

Meanwhile, palm oil and soybean oil contracts on the Dalian Commodity Exchange dropped by 1.86% and 0.88%, respectively, while soybean oil prices on the Chicago Board of Trade fell 0.73%. The strengthening of the Malaysian ringgit against the US dollar also weighed on CPO contracts, making ringgit-denominated commodities more expensive for overseas buyers.

KPBN Tender Results (IDR/kg), Excluding VAT, Wednesday (October 29, 2025):

CPO

• Franco Dumai: IDR14,188 – EUP
• FOB Talang Duku: IDR13,988 (WD), highest bid IDR13,803 – MM
• Franco Teluk Bayur: IDR14,058 (WD), highest bid IDR13,873 – WIRA
• FOB South Kalimantan: IDR13,788 (WD), highest bid IDR13,500 – LDC

CPKO

• Franco Dumai: IDR29,656 (WD), highest bid IDR27,275 – IBP
• Loco Lampung: IDR29,582, highest bid IDR26,275 – IKIN

Despite the market’s current downtrend, traders remain cautiously optimistic that CPO prices could rebound toward the end of the year as global demand improves. (P2)