PALMOILMAGAZINE, JAKARTA – Indonesia’s crude palm oil (CPO) price under PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom recorded an increase on Thursday (March 26, 2026), reflecting strengthening sentiment in both domestic and global markets.
CPO was set at IDR 15,615/kg, rising by IDR 242/kg or approximately 1.57% compared to the highest bid on Wednesday (March 25, 2026), which stood at IDR 15,373/kg.
Data compiled by Palmoilmagazine.com from KPBN shows that prices across key delivery points (franco) also moved higher. CPO franco Dumai was set at IDR 15,615/kg, followed by Teluk Bayur at IDR 15,485/kg and Talang Duku at IDR 15,415/kg.
ALso Read: North Sumatra FFB Prices Drop to IDR 3,834.74/Kg in Late March 2026 Period
In line with domestic gains, CPO prices on the Bursa Malaysia Derivatives Exchange also rebounded after two consecutive sessions of decline. According to Reuters, the recovery was supported by rising global soybean oil and crude oil prices, alongside strong export performance.
The benchmark June 2026 CPO contract on Bursa Malaysia rose by RM74 per ton, or about 1.65%, reaching RM4,570 per ton during the midday trading break.
Additionally, expectations of higher Indonesian palm oil export taxes in April have contributed positive sentiment, as the policy could tighten global supply and support market balance.
From the energy perspective, the widening price spread between palm oil and gasoil has enhanced CPO’s competitiveness as a biodiesel feedstock, further strengthening demand.
Other vegetable oil markets also posted gains. On the Dalian Exchange, the most active soyoil contract rose 0.77%, while palm oil futures gained 0.63%. Meanwhile, soyoil prices on the Chicago Board of Trade increased by 0.36%.
Overall, the combination of global and domestic factors has lifted market sentiment, paving the way for continued short-term price strength, although volatility is expected to remain high. (P3)
