PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) tenders at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) were recorded as withdrawn (WD) on Wednesday (18/2/2026), reflecting softer domestic bidding despite a rebound in regional futures markets.
The highest CPO offer reached IDR 14,008 per kg, marking a decline of IDR 92 per kg or approximately 0.65% compared to Friday (13/2/2026), when prices stood at IDR 14,100 per kg.
According to market information, the Franco Dumai CPO tender opened at IDR 14,050 per kg but ended in withdrawal, with the highest bid at IDR 14,008 per kg. Meanwhile, Loco Sei Tapung opened at IDR 13,811 per kg and was also withdrawn, with the top bid recorded at IDR 13,584 per kg.
Also Read: West Kalimantan FFB Prices Edge Up in Second Period of February 2026
In contrast to the domestic tender outcome, crude palm oil futures on Bursa Malaysia Derivatives opened higher on Thursday (19/2/2026), as trading resumed after a two-day Lunar New Year holiday.
As reported by Reuters, the upward momentum was supported by gains in soyoil prices on the Chicago Board of Trade and a weaker Malaysian ringgit against the US dollar, improving export competitiveness for Malaysian palm oil.
At the opening bell, the benchmark May 2026 CPO contract rose by RM29 per ton, or about 0.72%, to RM4,045 per ton, equivalent to approximately US$1,034 per ton.
KPBN Tender Details (Excl. VAT) – Wednesday (18/2/2026)
CPO
- Franco Dumai: IDR 14,050 (WD) – Highest bid IDR 14,008 (EUP)
- Loco Sei Tapung: IDR 13,811 (WD) – Highest bid IDR 13,584 (WNI)
PK
- Franco Medan/Belawan: IDR 13,575 (MM)
(P2)
