PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) continued to rise on Wednesday (Jan 21, 2026), reflecting firmer market sentiment both domestically and regionally.
KPBN set its CPO price at IDR 14,690 per kg, marking an increase of IDR 140 per kg, or about 0.96%, from Tuesday’s level of IDR 14,550 per kg.
Based on data obtained by Palmoilmagazine.com, Franco Dumai CPO was priced at IDR 14,690 per kg, while FOB Palembang was set at IDR 14,540 per kg.
The domestic price increase came in tandem with a stronger performance on the Malaysian palm oil market. According to Reuters, CPO futures on the Bursa Malaysia Derivatives Exchange moved higher on Wednesday, supported by expectations of rising demand ahead of the Lunar New Year holiday season.
The benchmark April 2026 CPO contract rose RM38 per ton, or 0.93%, to RM4,132 per ton at the midday break.
Market participants said the rally reflected projections of increased buying activity in the coming weeks, as importers and downstream industries build inventories to meet festive season consumption.
Positive sentiment was further reinforced by export data. Independent cargo surveyors estimated that Malaysia’s palm oil product exports for Jan 1–20 rose between 8.64% and 11.4% month-on-month, signaling resilient global demand.
Strength in the Malaysian market was also aligned with gains across rival vegetable oils. On China’s Dalian Commodity Exchange, the most-active soyoil contract edged up 0.05%, while palm oil futures advanced 1.24%. Meanwhile, soyoil prices on the Chicago Board of Trade (CBOT) climbed 0.13%.
KPBN Inacom CPO Tender Prices (IDR/kg, excluding VAT) – Wednesday, Jan 21, 2026
- Franco Dumai: IDR 14,690 – EUP
- FOB Palembang: IDR 14,540 – MM
(P2)
