PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN Inacom) strengthened on Monday (January 26, 2026), reflecting improving sentiment in the regional vegetable oil market alongside firmer global crude oil prices.
KPBN set its CPO price at IDR 14,950 per kilogram, marking an increase of IDR 150 per kilogram, or about 1.01%, compared with last Friday’s level of IDR 14,800 per kilogram.
Based on information obtained by Palmoilmagazine.com, the Franco Belawan and Dumai CPO prices were both fixed at IDR 14,950 per kilogram in Monday’s tender.
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The domestic price increase came as the Malaysian palm oil market opened higher at the start of the week. According to a Reuters report, crude palm oil futures on the Malaysia Derivatives Exchange edged up in early trade on Monday, supported by gains in rival vegetable oils and rising global crude oil prices. However, the strengthening Malaysian ringgit limited further upside.
The benchmark April 2026 palm oil contract rose RM5 per ton, or 0.12%, to RM4,180 per ton, equivalent to around US$1,053.96 per ton in early trading.
Market analysts noted that the price uptick reflects a more positive tone across the global vegetable oil complex, with soybean oil and other competing oils also trading firmer. Higher crude oil prices have added support, given the close link between energy markets and vegetable oil demand, particularly for biodiesel feedstock. (P2)
