PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) strengthened on Thursday (Jan 8, 2026), rising almost 1% amid mixed signals from the regional vegetable oil market.
KPBN set the CPO price at IDR14,302 per kilogram, up IDR140/kg or 0.99% from Wednesday’s level of IDR14,162/kg.
According to data obtained by Palmoilmagazine.com from KPBN, Franco Dumai CPO was fixed at IDR14,302/kg, FOB Talang Duku at IDR14,102/kg, and Loco Teluk Bayur at IDR14,172/kg.
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Meanwhile, Malaysian palm oil futures traded almost unchanged on Thursday after failing to sustain early gains. Market sentiment was weighed down by expectations of rising domestic inventories, although prices found some support from stronger rival vegetable oils and a weaker ringgit.
The benchmark March 2026 CPO contract on the Bursa Malaysia Derivatives Exchange slipped RM1 per ton, or 0.02%, to RM4,032 per ton at the midday break.
From the regional policy front, Indonesia is considering raising its palm oil export levy to help finance the national biodiesel program. An official from the Ministry of Energy said the move is being reviewed amid tighter funding conditions. Government data show Indonesia’s palm-based biodiesel consumption reached 14.2 million kiloliters in 2025, up 7.6% year-on-year, in line with the nationwide B40 blending mandate.
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Movements in competing vegetable oils were mixed. The most active soybean oil contract in Dalian rose 0.18%, while Dalian palm oil futures jumped 1.27%. In contrast, Chicago Board of Trade soybean oil edged down 0.16%.
Policy developments in Indonesia also drew market attention. President Prabowo Subianto said on Wednesday that the government is considering the seizure of an additional 4 to 5 million hectares of oil palm plantations this year, following the takeover of 4.1 million hectares last year. The statement has raised concerns among market participants over potential implications for medium-term supply.
KPBN Tender Results (Rp/kg, excluding VAT) – Thursday, Jan 8, 2026
CPO
- Franco Dumai: Rp14,302 – EUP
- FOB Talang Duku: Rp14,102 – PRISCOLIN
- Franco Teluk Bayur: Rp14,172 – WIRA
CPKO
- Franco Dumai: Rp25,318 – IBP
Palm Kernel (PK)
- Loco PKS T. Lebar: Rp11,185 (withdrawn). Highest bid: Rp10,480 – SAP
- Loco PKS Bunut: Rp11,296 (withdrawn). Highest bid: Rp10,903 – WIRA
(P2)
