PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) trading at PT Kharisma Pemasaran Bersama Nusantara (KPBN) continued to end in withdrawal (WD) on Monday (25/5/2026), with the highest bid recorded at IDR 12,333/kg. The figure marked a decline of IDR 44/kg, or around 0.36 percent, compared with Friday’s (22/5/2026) highest offer of IDR 12,377/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the Franco Belawan and Dumai CPO opening price was set at IDR 14,850/kg, but the tender concluded with a withdrawal after the highest bid reached only IDR 12,333/kg.
Meanwhile, FOB Talang Duku CPO opened at IDR 14,650/kg and also ended in withdrawal, with the top bid standing at IDR 12,133/kg.
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In other regions, Franco Teluk Bayur opened at IDR 14,720/kg and was withdrawn with the highest bid at IDR 11,870/kg. Loco Ngabang opened at IDR 14,500/kg and ended with the top bid at IDR 11,983/kg.
Loco Parindu was opened at IDR 14,500/kg and withdrawn with the highest bid at IDR 11,893/kg, while Loco Kembayan opened at IDR 14,400/kg and recorded the highest bid at IDR 11,883/kg before ending in withdrawal.
In the global market, CPO trading on the Bursa Malaysia Derivatives Exchange also weakened on Monday (25/5/2026). The decline was driven by weaker vegetable oil prices in Dalian and falling crude oil prices, which weighed on overall commodity market sentiment.
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Reuters reported that the benchmark August 2026 CPO contract on Bursa Malaysia Derivatives fell RM48 per ton, or about 1.07 percent, to RM4,438 per ton during the midday break.
Market sentiment was further pressured by expectations of softer Malaysian palm oil exports. Traders were awaiting the release of Malaysia’s palm product export data for the May 1–25 period, scheduled to be published by cargo surveyors later the same day. The data is considered a key indicator of global demand for Malaysian palm oil.
Among competing vegetable oils, the most active soyoil contract on the Dalian Commodity Exchange declined 0.97 percent, while Dalian palm oil futures slipped 0.78 percent.
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Meanwhile, vegetable oil trading on the Chicago Board of Trade (CBOT) was closed due to a U.S. market holiday, resulting in relatively limited global trading activity. (P3)
