PALMOILMAGAZINE, JAKARTA — The crude palm oil (CPO) reference price set by PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom rose on Friday (27/2/2026), in line with stronger trading on the Malaysian derivatives market.
KPBN set the CPO price at IDR 14,400 per kg, marking an increase of IDR 175 per kg, or approximately 0.28 percent, compared to Thursday’s (26/2/2026) level of IDR 14,225 per kg.
According to information obtained from KPBN, the Franco Dumai CPO price was fixed at IDR 14,400 per kg. Meanwhile, the Franco Belawan contract opened at IDR 14,400 per kg but was later withdrawn (WD), with the highest bid recorded at IDR 14,300 per kg.
For other delivery points, Franco Teluk Bayur was set at IDR 14,270 per kg but also ended in withdrawal, with the top offer reaching IDR 13,958 per kg. Loco Luwu recorded no bidders during the session.
In the palm kernel (PK) segment, Loco PKS Talang Lebar was listed at IDR 13,271 per kg but was withdrawn, with the highest bid at IDR 12,180 per kg. Loco PKS Bunut was set at IDR 13,570 per kg and likewise ended in withdrawal, with a top offer of IDR 13,125 per kg.
Meanwhile, CPO futures on Bursa Malaysia Derivatives closed higher on the same day, supported by gains in soybean oil prices on the Chicago Board of Trade (CBOT) and positive sentiment from global crude oil markets, as reported by Bernama.
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At the close, the March 2026 and April 2026 contracts each gained RM34 to settle at RM3,989 per ton and RM4,030 per ton, respectively. The May 2026 contract rose RM37 to RM4,042 per ton.
The June 2026 contract advanced RM40 to RM4,046 per ton, while July and August 2026 contracts also climbed RM40, closing at RM4,043 per ton and RM4,038 per ton, respectively.
Physical CPO prices for March South delivery also strengthened, rising RM30 to RM4,050 per ton.
From a trading activity perspective, total volume increased to 63,409 lots from 61,228 lots on Thursday. Open interest edged up slightly to 227,706 contracts compared to 227,240 contracts previously.
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The synchronized gains in both domestic tender prices and Malaysian futures indicate firmer market sentiment, driven by developments in competing vegetable oils and the broader energy market. (P2)
