PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) continued to move higher on Thursday (22 January 2026), reflecting strengthening momentum in both the domestic and global palm oil markets.
KPBN set the CPO price at IDR 14,825 per kg, marking an increase of IDR 135 per kg or 0.92% compared with Wednesday’s level of IDR 14,690 per kg.
Based on information obtained by Palmoilmagazine.com from KPBN, Franco Belawan and Franco Dumai prices were both fixed at IDR 14,825 per kg, while Franco Teluk Bayur was set slightly lower at IDR 14,695 per kg.
The domestic price increase was in line with gains on the Malaysian market. According to Reuters, CPO futures on the Malaysia Derivatives Exchange strengthened on Thursday, supported by expectations of lower production, steady demand, and rising optimism over increased biodiesel feedstock consumption. The latter follows market anticipation that the United States may soon release its final biofuel policy rules.
The benchmark April 2026 palm oil contract rose RM36 per ton, or 0.87%, to RM4,190 per ton (equivalent to USD 1,036.10 per ton) during the midday session.
Gains were also reflected across global vegetable oil markets. On the Dalian Commodity Exchange, the most-active soyoil contract advanced 0.8%, while palm oil futures climbed 1.39%. Meanwhile, soyoil prices on the Chicago Board of Trade (CBOT) edged up 0.04%.
Also Read: Overlapping Rules Cloud 20% Plasma Obligation, GAPKI Says Industry Caught in Regulatory Crossfire
KPBN Inacom Tender Results (IDR/kg, VAT excluded) – Thursday, 22 January 2026
CPO
- Franco Belawan & Dumai: IDR 14,825 – IBP, MM
- Franco Teluk Bayur: IDR 14,695 – WIRA
Palm Kernel (PK)
- Loko PKS Sawit Seberang: IDR 12,135 – MM
- Loko PKS T. Lebar: WD (highest bid IDR 10,880 – SAP)
- Loko PKS Bunut: WD (highest bid IDR 11,490 – WIRA)
The continued strengthening of CPO prices highlights improving market sentiment, supported by tightening supply prospects and growing confidence in biodiesel-driven demand, while domestic KPBN pricing mirrors the bullish tone seen on the regional and global exchanges. (P2)
