PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom were set at IDR 14,150 per kg on Wednesday (December 17, 2025), marking a decline of IDR 65 per kg, or around 0.46%, from Tuesday’s level of IDR 14,215 per kg.
Data obtained by Palmoilmagazine.com from KPBN show that Franco Dumai CPO was fixed at IDR 14,150 per kg, while FOB Palembang was set at IDR 14,000 per kg. Meanwhile, FOB South Kalimantan (Kalsel) opened at IDR 13,750 per kg, but the tender was withdrawn (WD), with the highest bid recorded at IDR 13,098 per kg.
In the futures market, Bloomberg reported that Malaysian palm oil contracts moved within a narrow range on Wednesday, supported by firmer global crude oil prices. However, concerns over sluggish export performance and elevated domestic inventories continued to weigh on market sentiment.
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The benchmark March 2026 palm oil contract on the Bursa Malaysia Derivatives Exchange closed slightly higher, up 3 ringgit or 0.08% to RM 3,965 per ton. Despite the marginal daily gain, the contract had previously fallen 1.39% over three consecutive sessions and briefly touched its lowest level in six months.
Elsewhere, the most-active soybean oil contract on China’s Dalian Commodity Exchange slipped 0.89%, while its palm oil contract declined 1%. Soybean oil prices on the Chicago Board of Trade also edged down 0.17%, adding to broader pressure across the vegetable oil complex.
KPBN CPO Tender Prices (IDR/kg), Excluding VAT — Wednesday (Dec 17, 2025):
- Franco Dumai: IDR 14,150 – EUP
- FOB Palembang: IDR 14,000 – SAP
- FOB South Kalimantan: IDR 13,750 (WD); highest bid IDR 13,098 – WNI
(P2)
