PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices in Indonesia’s tender conducted by PT Kharisma Pemasaran Bersama Nusantara (KPBN) ended in withdrawal (WD) on Wednesday (March 25, 2026), with the highest bid reaching IDR 15,373/kg. This marks a decline of IDR 452/kg, or around 2.86%, compared to the previous trading level of IDR 15,825/kg.
Data compiled by Palmoilmagazine.com from KPBN Inacom showed that the Franco Dumai opening price stood at IDR 15,600/kg but concluded in withdrawal, with the top bid at IDR 15,373/kg. Meanwhile, Franco Teluk Bayur opened at IDR 15,470/kg and also ended in WD, with the highest bid recorded at IDR 15,205/kg.
The downward pressure in the domestic market mirrors global trends. According to Bernama, CPO prices on Bursa Malaysia Derivatives closed lower on the same day, weighed down by declining soybean oil prices in the international market.
Also Read: KPBN CPO Price Falls to IDR 15,825/kg on March 17 as Malaysian Market Extends Decline
At the close, the April 2026 contract fell by RM77 to RM4,503 per ton, while May 2026 also dropped RM77 to RM4,542 per ton. The June 2026 contract declined RM74 to RM4,537 per ton.
The weakening trend reflects ongoing volatility in global markets, particularly due to pressure from competing vegetable oils such as soybean oil. As a result, market participants are adopting a more cautious stance, holding back transactions amid uncertain price direction. (P3)
