PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom were withdrawn (WD) on Friday, 28 November 2025, with the highest bid recorded at IDR 14.185/kg. The withdrawal reflects a slight decline of IDR 15/kg, or around 0.11%, from Thursday’s level of IDR 14.200/kg.
According to KPBN Inacom data accessed by Palmoilmagazine.com the Franco Dumai opened at IDR 14.300/kg, WD with a highest bid of IDR 14.185/kg. FOB Talang Duku opened at IDR 14.100/kg, WD with a highest bid of IDR 13.985/kg, and Loco Pelahari opened at IDR 13.746/kg, WD with a highest bid of IDR 13.101/kg.
Malaysia Exchange Hit by Technical Breakdown
Reuters reported that CPO trading on the Malaysia Derivatives Exchange was abruptly halted on Friday after the Globex electronic system suffered a technical failure. The outage disrupted all derivative products, freezing market activity amid a rising price trend.
Before trading was suspended at 10:36 local time, the benchmark February 2025 CPO contract had climbed RM 22 per tonne, up 0.54% to RM 4,112 per tonne, marking a third consecutive session of gains and heading toward a weekly increase.
The system glitch stopped price updates across several CME products, including WTI crude, Treasury futures, S&P 500 futures, gold, and palm oil, according to LSEG.
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In an official statement, Bursa Malaysia said service restoration remains its top priority. “Our focus is to minimize disruption and maintain market integrity,” the exchange noted, adding that it continues to coordinate closely with the Chicago Mercantile Exchange Group, the operator of the Globex platform.
Weekly Gains, Monthly Decline
Despite the trading halt, CPO still posted a 1.1% weekly gain. However, on a monthly basis, prices were down 2.78%, pressured by broader global market sentiment.
In China’s commodity market, vegetable oil futures also strengthened. Dalian’s most active soyoil contract rose 0.68%, while palm oil futures surged 1.63% as of 05:54 GMT.
KPBN Tender Results (Excl. VAT) – Friday, Nov 28, 2025 (IDR/kg)
CPO:
- Franco Dumai: IDR 14.300 (WD) — Highest bid: IDR 14.185 (IBP)
- FOB Talang Duku: IDR 14.100 (WD) — Highest bid: IDR 13.985 (MM)
- Loco Pelahari: IDR 13.746 (WD) — Highest bid: IDR 13.101 (SDS)
About KPBN Inacom
KPBN’s rebranding to Inacom—short for Indonesia Commodity—reflects a more dynamic and widely recognizable identity. The company markets a wide range of commodities including CPO, PKO, PKM, rubber, sugar, tea, coffee, and molasses (source: www.kpbn.co.id). Inacom uses an electronic tender system and provides real-time commodity price information through its membership platform. (P2)
