PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom recorded a slight increase on Monday, January 19, 2026, even as global palm oil markets weakened, led by declines in Malaysia.
KPBN set its CPO price at IDR 14,400 per kg, up IDR 45 per kg or about 0.31% from the previous trading session on January 15, 2026, when prices stood at IDR 14,355 per kg.
Based on data compiled by Palmoilmagazine.com from KPBN, CPO Franco Dumai was fixed at IDR 14,400 per kg, while CPO FOB Talang Duku was set at IDR 14,200 per kg.
Also Read: Jambi Palm FFB Prices Rise IDR 76.87/kg for January 16–22, 2026 Period
Meanwhile, CPO FOB Palembang opened at IDR 14,250 per kg but ended the session in withdraw (WD) status, with the highest bid recorded at IDR 14,169 per kg.
While domestic prices posted a mild gain, international markets moved in the opposite direction.
According to Reuters, crude palm oil prices on the Malaysian Bursa Derivatives Exchange weakened on Monday, pressured by China’s decision to cut import tariffs on Canadian canola and Indonesia’s move to cancel plans to implement a B50 biodiesel mandate this year. Seasonal demand ahead of major holidays, however, helped limit deeper losses.
Also Read: Maybank IB: 2026 CPO Prices to Stay Firm, Indonesia’s B50 Policy Could Move the Market
By midday, the April 2026 benchmark CPO contract had fallen RM15 per tonne, or 0.37%, to RM4,057 per tonne, equivalent to about US$1,000.99. The contract had closed 2.31% higher in the previous Friday’s session.
From a fundamentals perspective, support continues to come from seasonal consumption ahead of Chinese New Year, Ramadan, and the onset of the first-quarter low production cycle. The combination of stronger demand and tightening supply is widely seen as helping palm oil prices hold above key levels.
Market participants are also awaiting the release of fresh export data. On Tuesday, several cargo surveyors are scheduled to publish Malaysia’s palm oil export estimates for the January 1–20 period, which often serve as an early indicator of demand strength.
Also Read: Environmental Intelligence: Indonesia’s New Path to Sustainable Palm Oil
Meanwhile, other vegetable oil markets showed mixed movements. The most-active soyoil contract in Dalian rose 0.45%, while Dalian palm oil futures gained 0.3%. Trading in Chicago Board of Trade soyoil was closed due to a national holiday.
KPBN CPO Tender Results (IDR/kg, excluding VAT) – Monday, January 19, 2026
- Franco Dumai: IDR 14,400 – EUP
- FOB Talang Duku: IDR 14,200 – PRISCO
- FOB Palembang: IDR 14,250 (WD) – highest bid IDR 14,169 (AGM)
- FOB South Kalimantan: IDR 14,000 (WD) – highest bid IDR 13,300 (WNI)
(P2)
