PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices set by PT Kharisma Pemasaran Bersama Nusantara (KPBN) edged lower on Thursday (15 January 2026), reflecting continued weakness in both domestic and global palm oil markets.
KPBN fixed the CPO price at IDR 14,355 per kilogram, marking a decline of IDR 101/kg or about 0.70 percent compared with Wednesday’s highest offer of IDR 14,456/kg.
Based on data obtained by Palmoilmagazine.com, KPBN established the following prices: Franco Dumai at IDR 14,355/kg, FOB Talang Duku at IDR 14,155/kg, and Franco Teluk Bayur at IDR 14,225/kg.
The domestic adjustment followed persistent losses in the Malaysian market. According to Reuters, Malaysian palm oil futures fell for a third consecutive session on Thursday, pressured by declining rival vegetable oils and lower global crude oil prices. Additional market headwinds came from Indonesia’s policy decision to continue the B40 biodiesel program while shelving plans to introduce B50 this year, tempering expectations of a sharper rise in domestic demand.
On the Bursa Malaysia Derivatives Exchange, the benchmark March 2026 palm oil contract slipped RM23 per ton, or 0.57 percent, to RM4,017 per ton at the midday break. The move extended the current corrective phase, as traders remained cautious amid a combination of external market pressures and policy-related factors in major producing countries.
Market participants are now awaiting export surveyor data for the 1–15 January period, which is expected to be released soon and could provide the next directional cue for prices.
Also Read: Indonesia Sets January 2026 CPO Reference Price at USD 915.64 per MT
Global vegetable oil markets continued to weigh on sentiment. The most-active soy oil contract on China’s Dalian exchange fell 0.55 percent, while Dalian palm oil futures dropped a sharper 2.19 percent. In the United States, Chicago soy oil futures also weakened, down 1.06 percent, reinforcing the broader bearish tone across the edible oils complex.
KPBN CPO Tender Results (IDR/kg, excluding VAT) – Thursday, 15 January 2026
- Franco Dumai: IDR 14,355 – EUP
- FOB Talang Duku: IDR 14,155 – PSCOI
- Franco Teluk Bayur: IDR 14,225 – PRCW
- FOB Palembang: IDR 14,205 (WD) – Highest bid IDR 14,195 (PSCOI)
- FOB South Kalimantan: IDR 13,955 (WD) – Highest bid IDR 13,202 (WNI)
(P2)
