PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices in Indonesia’s domestic market extended their decline, reflecting broader weakness across global commodity markets. Price setting by PT Kharisma Pemasaran Bersama Nusantara (KPBN) on Tuesday (April 14, 2026) was recorded at IDR 15,325 per kilogram, down by IDR 310/kg or approximately 1.38% compared to IDR 16,635/kg on Monday (April 13, 2026).
According to KPBN data, the Franco Dumai CPO price was set at IDR 15,325/kg, while the FOB Talang Duku price stood at IDR 15,125/kg. The decline mirrors pressure seen in international markets.
Globally, CPO trading on the Bursa Malaysia Derivatives also posted losses, driven by weaker crude oil prices and declining competing vegetable oils.
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Citing Reuters, the benchmark June CPO futures contract fell by RM81 per ton, or 1.78%, to RM4,474 per metric ton during midday trading on Tuesday (April 15, 2026). The drop extends a correction trend largely influenced by external factors.
On the demand side, the market was further pressured by weaker imports from India, one of the world’s largest palm oil buyers. Imports in March fell nearly 19% month-on-month, reaching their lowest level in three months, as previously elevated tropical oil prices prompted buyers to delay purchases.
Meanwhile, other vegetable oil markets also showed bearish movement. On the Dalian Commodity Exchange, the most active soybean oil contract declined 0.73%, while palm oil futures dropped 1.62%. Similarly, soybean oil prices on the Chicago Board of Trade fell by 0.78%.
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Additional pressure came from the energy market. Brent crude oil prices declined 0.99% to US$98.38 per barrel, reducing palm oil’s competitiveness as a biodiesel feedstock and weighing on demand.
The combination of weaker energy prices, competition from other vegetable oils, and declining global demand has pushed CPO prices lower in both domestic and international markets. Industry players are now closely monitoring crude oil trends and signs of demand recovery to gauge the next direction of the market. (P3)
