PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices in Indonesia’s domestic market posted a modest increase at the start of the week, supported by improving sentiment in global energy markets.
Data from PT Kharisma Pemasaran Bersama Nusantara (KPBN) showed that on Monday (April 13, 2026), CPO prices moved higher despite transactions ending in withdraw (WD). The highest bid reached IDR 15,635 per kilogram, marking an increase of around IDR 46/kg or 0.30% compared to Friday’s (April 10, 2026) level.
The uptick reflects a gradual recovery in market sentiment, although trading activity remained relatively limited. KPBN data indicated that the Franco Dumai price was set at IDR 15,635/kg. Meanwhile, the FOB Talang Duku price opened at IDR 15,435/kg but was later withdrawn, with the highest bid recorded at IDR 15,367/kg.
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In line with domestic developments, the global market also trended higher. According to Bernama, CPO prices on the Malaysian Derivatives Exchange closed stronger on the same day, driven by a surge in global crude oil prices amid geopolitical tensions in the Middle East.
At the close, the May 2026 contract rose by RM11 to RM4,511 per ton, while the June 2026 contract gained RM17 to reach RM4,555 per ton. However, the April 2026 contract declined by RM41, closing at RM4,450 per ton.
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The combination of rising global energy prices and improving market sentiment is expected to continue influencing CPO price movements in the near term. However, volatility is likely to persist, shaped by ongoing geopolitical developments and fluctuations in global demand. (P3)
