PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) tender conducted by PT Kharisma Pemasaran Bersama Nusantara (KPBN) ended in a withdraw (WD) on Friday (March 13, 2026), with the highest bid recorded at IDR 15,500/kg.
As a result, the offered CPO price was IDR 155/kg lower, or about 0.99% down, compared with Thursday’s price (March 12, 2026), which reached IDR 15,655/kg.
According to information obtained from KPBN, the CPO Franco Dumai tender opened at IDR 15,500/kg and ended in a withdrawal, with the highest bid also recorded at IDR 15,500/kg.
Meanwhile, CPO Franco Teluk Bayur opened at IDR 15,645/kg but was also withdrawn after the highest bid reached IDR 15,295/kg.
Similarly, CPO FOB Talang Duku opened at IDR 15,575/kg and was withdrawn with the top offer recorded at IDR 15,300/kg.
In the regional market, palm oil futures in Malaysia closed higher on Friday. According to a report by Bernama, CPO trading on Bursa Malaysia Derivatives strengthened for the third consecutive day, supported by rising global crude oil prices that lifted sentiment in the vegetable oil market.
Also Read: Central Kalimantan FFB Price Update February 2026: 10–20 Year Palm Trees at IDR 3,459/kg
Market sentiment was also influenced by concerns over the potential impact of El Niño, which could affect palm oil production in the medium term.
At the close of trading, the March 2026 CPO contract jumped MYR 100 to MYR 4,525 per ton. The April 2026 contract gained MYR 28 to MYR 4,539 per ton, while the May 2026 contract rose MYR 31 to MYR 4,572 per ton.
KPBN Tender Results (IDR/kg, Excluding VAT) – Friday, March 13, 2026
CPO
- Franco Dumai: IDR 15,775 (WD) – Highest bid IDR 15,500 (EUP)
- Franco Teluk Bayur: IDR 15,645 (WD) – Highest bid IDR 15,295 (WIRA)
- FOB Talang Duku: IDR 15,575 (WD) – Highest bid IDR 15,300 (AGM)
CPKO
- Franco Dumai: IDR 33,440 (WD) – Highest bid IDR 32,525 (IBP)
Palm Kernel (PK)
- Loco Tanjung Lebar: IDR 14,209 (SAP)
(P2)
