PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN Inacom) increased on Thursday, December 18, 2025. KPBN set the CPO price at IDR 14,250 per kg, marking an increase of IDR 100 per kg or around 0.71% compared with Wednesday’s (Dec 17) level of IDR 14,150 per kg.
Based on information obtained by Palmoilmagazine.com from KPBN, the Franco Dumai CPO price was fixed at IDR 14,250 per kg. Meanwhile, FOB Kalsel CPO opened at IDR 13,850 per kg, but the tender ended in a withdrawal (WD), with the highest bid recorded at IDR 13,225 per kg.
In the global market, Reuters reported that Malaysian palm oil futures strengthened for a second consecutive session on Thursday. The gains were supported by bargain-hunting activity after recent price declines, as well as improving price competitiveness of palm oil relative to rival vegetable oils, particularly soybean oil (soyoil).
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The benchmark March delivery contract on the Bursa Malaysia Derivatives Exchange closed up RM 13 per ton, or 0.33%, at RM 3,979 per metric ton, equivalent to around US$974.29.
In other markets, the most active Dalian soybean oil contract slipped 0.38%, while Dalian palm oil futures advanced 0.46%. At the same time, soybean oil prices on the Chicago Board of Trade (CBOT) rose 0.31%.
KPBN Tender Results (Rp/kg), Excluding VAT — Thursday (Dec 18, 2025):
CPO
- Franco Dumai: IDR 14,250 – EUP
- FOB Kalsel: IDR 13,850 (WD), Highest bid: Rp 13,225 – EUP
CPKO
- Loco Lampung: IDR 23,761 – AMJP
PK
- Loco Bunut: IDR 10,492 – WIRA
- Loco Tanjung Lebar: IDR 10,381 (WD), Highest bid: Rp 9,980 – SAP
(P2)
