PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN Inacom) were withdrawn (WD) on Monday (9/2/2026), with the highest bid recorded at IDR 14,500 per kg. This marked a decline of IDR 115 per kg, or around 0.79%, compared with the highest bid of IDR 14,615 per kg posted on Friday (6/2/2026).
Data obtained by Palmoilmagazine.com from KPBN showed that Franco Dumai CPO was opened at IDR 14,685 per kg, but the tender ended in withdrawal, with the highest bid at IDR 14,500 per kg. Meanwhile, Loco Pelaihari CPO opened at IDR 14,131 per kg, also resulting in a withdrawal after the highest bid reached IDR 13,233 per kg.
In contrast, palm oil futures on the Bursa Malaysia Derivatives Exchange closed higher on Monday, supported by gains in soybean oil prices on the Chicago Board of Trade (CBOT) and the Dalian Commodity Exchange, according to Reuters.
Also Read: Indonesia’s Trade Surplus Hits US$2.52 Billion in December 2025 as Palm Oil and Nickel Exports Surge
Market participants are now adopting a wait-and-see stance ahead of the release of monthly data from the Malaysian Palm Oil Board (MPOB), as well as analyst outlooks to be presented at the upcoming Price Outlook Conference (POC).
The benchmark April 2026 CPO contract on Bursa Malaysia rose RM19 per ton, or 0.46%, to settle at RM 4,173 per ton, reflecting a more positive sentiment across global vegetable oil markets.
Elsewhere, the most-active soyoil contract on the Dalian exchange edged up 0.07%, while palm oil contracts on the same exchange slipped 0.31%. At the same time, soyoil prices on the CBOT surged 1.63%, providing additional support to palm oil prices.
Also Read: Indonesia’s Palm Oil Export Volume Climbs 9.09% in 2025, BPS Reports
KPBN Tender Results (IDR/kg, excluding VAT) — Monday (9/2/2026):
- CPO Franco Dumai: IDR 14,685 (WD); highest bid IDR 14,500 – EUP
- CPO Loco Pelaihari: IDR 14,131 (WD); highest bid IDR 13,233 – WNI
(P2)
