PALMOILMAGAZINE, Jakarta – The price of crude palm oil (CPO) set by PT Kharisma Pemasaran Bersama Nusantara (KPBN) increased on Friday (March 6, 2026), reflecting stronger sentiment in the global vegetable oil market.
KPBN recorded the CPO price at IDR14,950 per kilogram, up IDR150/kg or about 1.01% compared with IDR14,800/kg on Thursday (March 5, 2026).
Based on information obtained by Palmoilmagazine.com from KPBN, the Franco Dumai CPO price was set at IDR14,950/kg, while Franco Teluk Bayur reached IDR14,820/kg. Meanwhile, the FOB Talang Duku price was recorded at IDR14,750/kg.
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Meanwhile, palm oil futures on the Bursa Malaysia Derivatives Exchange surged to their highest level in five weeks during Friday’s trading session, supported by gains in other vegetable oils and a weaker Malaysian ringgit, according to Reuters.
The benchmark May 2026 CPO futures contract rose RM59 per ton, or about 1.4%, to RM4,266 per ton by the midday trading break.
On a weekly basis, the contract has climbed around 5.54%, driven partly by a rally in global crude oil prices. If the upward trend continues until the close of trading, the increase would mark the largest weekly gain since the week of November 25, 2024.
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In other vegetable oil markets, the most active soybean oil contract on the Dalian Commodity Exchange rose 1.13%, while palm oil futures on the same exchange jumped 2.33%. In contrast, soybean oil futures on the Chicago Board of Trade (CBOT) slipped 0.65%.
KPBN CPO Tender Results (IDR/kg, Excluding VAT) – Friday (March 6, 2026)
- Franco Dumai: IDR14,950/kg – AGM
- Franco Teluk Bayur: IDR14,820/kg – WIRA
- FOB Talang Duku: IDR14,750/kg – AGM
- Loco Luwu: Rp14,450/kg (Bid: Rp10,000/kg – MPR)
(P2)
