Indonesian CPO Prices Rise as Malaysian Palm Oil Futures Strengthen on Global Market Support

Palm Oil Magazine
KPBN Inacom CPO prices edge higher in line with gains in the Malaysian futures market and stronger global vegetable oil sentiment. Photo by: Sawit Fest 2021 / Atqiyaudin Basr

PALMOILMAGAZINE, JAKARTA — The price of crude palm oil (CPO) marketed through PT Kharisma Pemasaran Bersama Nusantara or KPBN Inacom strengthened on Tuesday, 2 December 2025. KPBN set the CPO price at IDR 14,325 per kilogram, an increase of IDR 75 or about 0.53% compared with Monday’s (1/12) price of IDR 14,250 per kilogram.

According to data obtained by Palmoilmagazine.com, Franco Dumai CPO was set at IDR 14,325 per kilogram, while FOB Talang Duku stood at IDR 14,125 per kilogram. The Loco Pelahari price opened at IDR 13,771 per kilogram, but the offer was withdrawn (WD) after the highest bid reached only IDR 13,180 per kilogram.

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International market sentiment also supported the upward movement. Reuters reported that CPO futures on the Malaysian Derivatives Exchange climbed on Tuesday (2/12/2025), tracking gains in Chicago soyoil and crude oil prices. A weaker ringgit further boosted competitiveness for the country’s flagship commodity.

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At the midday break, the benchmark palm oil contract for February 2026 delivery rose RM 38 per ton, or roughly 0.93%, settling at RM 4.132 per ton, equivalent to about US$ 1,000.48 per ton.

Global market performance also showed a positive tone. Soybean futures in Chicago inched up as traders assessed China’s pace of purchasing U.S. soybeans following a temporary trade agreement reached at the end of October. On the Dalian exchange, the most active soyoil contract rose slightly by 0.05%, while the palm oil contract gained 0.72%. Meanwhile, soyoil on the Chicago Board of Trade strengthened by around 0.5%.

Also Read: Palm Oil Industry Strengthens Protection of Children and Female Workers, ISPO Becomes Key Instrument

KPBN Tender Results (IDR/kg, Excluding VAT) — Tuesday, 2 December 2025

CPO

  • Franco Dumai: IDR 14,325 – KJA
  • FOB Talang Duku: IDR 14,125 – PSCO
  • Loco Pelahari: IDR 13,771 (WD) — Highest bid: IDR 13,180 – WNI
  • FOB West Kalimantan: IDR 13,975 – EUP

CPKO (Crude Palm Kernel Oil)

  • Franco Dumai: IDR 23,390 – IBP

PK (Palm Kernel)

  • Franco Belawan: IDR 11,069 – MM

 

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)

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