PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) offered through PT. Kharisma Pemasaran Bersama Nusantara remained in a withdrawn (WD) position on Friday (April 17, 2026), with the highest bid recorded at IDR 15,100 per kilogram. This reflects a decline of IDR 67 per kilogram, or about 0.44 percent, compared to the previous day’s highest bid of IDR 15,167 per kilogram.
Market data showed that the Franco Dumai price opened at IDR 15,200 per kilogram but ended in withdrawal, with the highest bid slipping to IDR 15,100 per kilogram. Similarly, the FOB Talang Duku price opened at IDR 15,000 per kilogram before being withdrawn, with the top bid recorded at IDR 14,900 per kilogram.
Meanwhile, CPO prices on the Bursa Malaysia Derivatives closed lower, pressured by declining global crude oil prices and concerns over rising inventories.
Also Read: GAPKI Pushes for Palm Oil Industry Synergy Through the 6th Andalas Forum
Export data for April 1–15 pointed to weakening demand. Figures from Intertek Testing Services showed shipments falling to 609,868 tons from 926,602 tons in the same period last month. Likewise, AmSpec Agri Malaysia reported exports declining to 601,401 tons from 921,606 tons previously.
This trend reinforces the view that global demand for CPO remains under pressure amid volatility in energy markets and expectations of higher production.
Also Read: Andalas Forum VI: ISPO Gains Momentum, Indonesia Targets Global Market Trust
Price and Volume Movement
At the close of trading on the Malaysian exchange:
- May 2026 contract fell by RM57 to RM4,386 per ton
- June 2026 declined RM54 to RM4,422 per ton
- July 2026 dropped RM45 to RM4,450 per ton
- August 2026 slipped RM38 to RM4,457 per ton
- September 2026 decreased RM34 to RM4,449 per ton
- October 2026 fell RM29 to RM4,435 per ton
In terms of market activity, trading volume rose to 91,998 lots from 78,490 lots previously. However, open interest edged lower to 260,192 contracts from 261,976 contracts, indicating some unwinding of positions despite increased trading activity. (P2)
