PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices in both Indonesia’s domestic market and global exchanges moved lower at the start of the week on Monday (April 27, 2026), pressured by weaker export demand and rising expectations of higher production during April.
In the domestic market, the CPO price set by PT Kharisma Pemasaran Bersama Nusantara (KPBN) was recorded at IDR 15,459/kg, down IDR 41/kg or around 0.26% from Friday’s (April 24, 2026) level of IDR 15,500/kg.
Based on data obtained by Palmoilmagazine.com from KPBN, the Franco Dumai CPO price was also set at IDR 15,459/kg. Meanwhile, Loco Parindu CPO opened at IDR 15,109/kg, but the tender was withdrawn, with the highest bid reaching IDR 14,850/kg.
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The decline in domestic prices mirrored movements in the global market. On Bursa Malaysia Derivatives, the benchmark July 2026 CPO contract fell RM39 per ton, or 0.85%, to RM4,558 per ton. The correction came after the same contract had gained 0.39% in the previous trading session.
According to Reuters, market participants said current price pressure stemmed from a combination of weaker exports and the prospect of higher production, limiting upside potential in the near term.
Demand-side weakness was reflected in cargo survey data from Intertek Testing Services, which showed Malaysia’s palm oil product exports for April 1–25 declined 15.7% from the previous month. The drop reinforced signs of slower demand from export markets.
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CPO prices were also influenced by movements in rival vegetable oils. During the same session, the most active soybean oil contract on the Dalian exchange fell 0.44%, while palm oil futures there edged up 0.17%. Meanwhile, soybean oil prices on the Chicago Board of Trade rose 0.53%.
The mixed trend indicates that traders remain focused on global supply developments, demand from key importing nations, and price movements of competing edible oils.
In the short term, CPO prices are expected to remain volatile as the market awaits end-April production data and fresh export figures from both Malaysia and Indonesia. (P3)
