PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices marketed through PT Kharisma Pemasaran Bersama Nusantara (KPBN) posted another increase on Friday (March 27, 2026). The price was set at IDR 15,712/kg, up by IDR 97/kg or around 0.62% compared to Thursday’s (March 26, 2026) level of IDR 15,615/kg.
According to data obtained by Palmoilmagazine.com from KPBN, the CPO franco Dumai price stood at IDR 15,712/kg. Meanwhile, Palm Kernel (PK) loco Tanjung Lebar was withdrawn (WD), with the highest bid reaching IDR 13,980/kg.
In the global market, CPO price movements remained relatively limited. Reuters reported that CPO futures trading on the Bursa Malaysia Derivatives exchange moved within a narrow range on the same day, reflecting ongoing mixed sentiment in international markets.
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The benchmark June 2026 CPO futures contract opened at RM4,588 per ton. Although prices appeared stable on a daily basis, they showed a weakening trend on a weekly basis.
Market participants remain cautious, closely monitoring external factors such as fluctuations in global crude oil prices and import policies from key consuming countries. These elements are expected to play a significant role in shaping short-term CPO price direction.
Amid ongoing uncertainty, CPO prices are likely to remain volatile in the near term, although the slight increase in the domestic market provides a modest positive signal for Indonesia’s palm oil industry. (P3)
