PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices on the Bursa Malaysia Derivatives closed lower on Friday (April 17, 2026), pressured by declining global crude oil prices and growing concerns over rising supply.
The downturn was also driven by weaker export performance in the first half of April, signaling softening demand. Data from Intertek Testing Services showed CPO exports for April 1–15 fell to 609,868 tons, down from 926,602 tons recorded during the same period in the previous month.
Similarly, AmSpec Agri Malaysia reported shipments declining to 601,401 tons from 921,606 tons. The data reinforces indications that global demand for palm oil remains subdued amid pressure from the energy market and expectations of higher production.
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In the domestic market, CPO offered through PT. Kharisma Pemasaran Bersama Nusantara was withdrawn (WD), with the highest bid recorded at IDR 15,100 per kilogram on Friday (April 17, 2026).
This marked a decline of IDR 67 per kilogram, or about 0.44 percent, compared to the highest bid of IDR 15,167 per kilogram on Thursday (April 16, 2026).
Overall, the market remains under pressure both globally and domestically. Market participants are closely watching energy price movements and export demand trends, which are expected to be key drivers of CPO price direction in the near term. (P3)
