KPBN Inacom CPO Prices Remain Withdrawn on Tuesday (Jan 6),  Malaysian Palm Oil Prices Edge Down

PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom remained in a withdrawn (WD) position on Tuesday (6/1/2026), even as the highest bid edged up slightly to IDR 14,100 per kilogram. This marked an increase of IDR 23/kg or around 0.16 percent compared with Monday’s highest bid of IDR 14,077/kg.

Based on information obtained by Palmoilmagazine.com from KPBN, CPO prices for Franco Dumai opened at IDR 14,150/kg but were withdrawn, with the highest bid recorded at IDR 14,100/kg. Meanwhile, FOB Franco Talang Duku opened at IDR 13,950/kg and was also withdrawn, with the highest bid reaching IDR 13,900/kg.

In the global market, Reuters reported that Malaysian palm oil futures closed lower on Tuesday, pressured by a stronger ringgit that offset positive sentiment from gains in rival vegetable oils on the Dalian exchange. Market participants are also adopting a wait-and-see stance ahead of the release of official data from the Malaysian Palm Oil Board next week.

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The benchmark March CPO contract on the Bursa Malaysia Derivatives Exchange fell RM 22 per ton, or 0.55 percent, to settle at RM 3,992 per ton.

On the Dalian Commodity Exchange, the most-active soybean oil contract rose 0.71 percent, while palm oil futures inched up 0.09 percent. In contrast, soybean oil prices on the Chicago Board of Trade slipped 0.1 percent.

From a fundamental perspective, Malaysian palm oil inventories are estimated to have climbed to their highest level in nearly seven years in December 2025, driven by a surge in production that outpaced relatively modest export growth.

Also Read: Strengthening Economic Diplomacy, Indonesia Secures U.S. Tariff Exemptions and Opens Access to Eurasian Markets

In key consumer markets, India’s palm oil imports fell to an eight-month low in December 2025. The decline was attributed to weaker winter demand and a shift by refiners toward competing oils such as soybean and sunflower oil, according to five traders.

KPBN Tender Results (IDR/kg, VAT excluded) – Tuesday (6/1/2026):

CPO:
• Franco Dumai: IDR 14,150 (WD) – Highest bid IDR 14,100 (WNI)
• FOB Talang Duku: IDR 13,950 (WD) – Highest bid IDR 13,900 (WNI)
• FOB East Kalimantan: IDR 13,750 (WD) – Bid IDR 13,700 (LDCI)
• FOB South Kalimantan: IDR 13,750 (WD) – Highest bid IDR 13,590 (LDCI)
• Loco Sei Tapung: IDR 13,911 (AGM)

CPKO:
• Franco Dumai: IDR 25,575 (WD) – Highest bid IDR 24,972 (PAA)

PK:
• Franco Belawan: IDR 11,625 (MM)

(P2)