PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) were set at IDR 14,208 per kilogram on Thursday (Feb 12, 2026), marking a decline of IDR 180 per kilogram or 1.25% from Wednesday’s level of IDR 14,388 per kilogram.
According to information obtained by Palmoilmagazine.com, the Franco Belawan & Dumai CPO price was fixed at IDR 14,208 per kilogram. Meanwhile, Loco Sei Tapung opened at IDR 13,969 per kilogram but was later withdrawn, with the highest bid recorded at IDR 13,761 per kilogram.
Bursa Malaysia Extends Losses
As reported by Reuters, CPO futures on the Bursa Malaysia Derivatives closed lower for the third consecutive session on Thursday. The benchmark April 2026 contract fell RM24 per ton, or 0.59%, to RM4,037 per ton, equivalent to approximately US$1,035.39 per ton.
Market pressure stemmed from a 0.31% appreciation of the Malaysian ringgit against the US dollar, making Malaysian palm oil relatively more expensive for foreign currency buyers.
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In addition, global vegetable oil markets showed mixed performance. The most active soyoil contract in Dalian declined 0.22%, while its palm oil contract dropped a sharper 1.5%. In contrast, soyoil futures on the Chicago Board of Trade (CBOT) edged up 0.81%.
This divergence across major vegetable oil markets contributed to cautious sentiment in the Malaysian palm oil market.
Limited Bullish Signals from Industry Conference
Market participants are also assessing discussions from the Price Outlook Conference (POC) in Kuala Lumpur. However, analysts noted the absence of strong bullish catalysts capable of reversing the short-term downward trend.
As a result, trading remains cautious, with industry players awaiting clearer signals from global demand dynamics and currency movements.
Also Read: Tariffs, Sustainability, and Supply: India Shapes Indonesia’s Export Outlook
With both external and domestic pressures at play, Malaysian CPO prices remain under near-term pressure as the market searches for direction amid global vegetable oil volatility.
KPBN Tender Results (IDR/Kg, Excl. VAT) – Thursday (Feb 12, 2026)
CPO
- Franco Belawan & Dumai: IDR 14,208 – UNILEVER, IBP
- Loco Luwu: IDR 13,708 (WD), highest bid IDR 10,000 – MGR
- Loco Sei Tapung: IDR 13,969 (WD), highest bid IDR 13,761 – AGM
- Loco Long Pinang: No bidder
PK
- Loco PKS Bunut: IDR 13,069 (WD), highest bid IDR 12,800 – WIRA
- Loco PKS T. Lebar: IDR 12,958 (WD), highest bid IDR 11,580 – SAP
- Loco PKS R. Dua: IDR 12,965 – WIRA
The latest pricing reflects continued consolidation in both domestic and international markets, as traders weigh currency movements and shifting vegetable oil fundamentals. (P2)
