PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices in Indonesia continued to strengthen, mirroring positive momentum in the global vegetable oils market. On Thursday (11/6/2026), PT Kharisma Pemasaran Bersama Nusantara (KPBN) set its CPO reference price at IDR 15,400 per kilogram, an increase of IDR 175/kg or approximately 1.15% compared to IDR 15,225/kg recorded on Wednesday.
According to information obtained by Palmoilmagazine.com from KPBN, the Franco Dumai CPO price was set at IDR 15,400/kg, while FOB Talang Duku CPO was priced at IDR 15,200/kg.
Meanwhile, prices for Crude Palm Kernel Oil (CPKO) remained significantly higher. Franco Dumai CPKO was listed at IDR 25,735/kg with a withdrawn (WD) status, while the highest bid reached IDR 25,125/kg. The Loco Sei Mangkei price stood at IDR 25,663/kg.
For other trading points, FOB Lampung CPKO was recorded at IDR 25,661/kg with a withdrawn status and a highest bid of IDR 24,100/kg. Meanwhile, FOB Palembang CPKO was set at IDR 25,491/kg, also withdrawn, with the highest bid reaching IDR 24,325/kg.
The increase in domestic CPO prices coincided with another rally in the Malaysian palm oil market. On Thursday (12/6/2026), benchmark futures on the Bursa Malaysia Derivatives Exchange advanced for a second straight session, supported by gains in competing vegetable oils.
According to Reuters, the benchmark August 2026 CPO contract rose RM30 per tonne, or 0.66%, to RM4,568 per tonne during the midday trading break. The rise reflected improving sentiment across the broader vegetable oils complex.
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Additional support came from China, where the most-active soybean oil contract on the Dalian Commodity Exchange gained 0.51%, while Dalian palm oil futures rose 0.88%. At the same time, soybean oil prices on the Chicago Board of Trade (CBOT) increased 0.38%, further underpinning the strength of global palm oil prices.
The latest gains provide a positive signal for Indonesia’s palm oil sector as the industry seeks to maintain export competitiveness and support incomes for producers and smallholders. Market participants are now closely watching global demand trends, movements in rival vegetable oils, and trade policy developments that could influence the direction of CPO prices in the coming weeks. (P3)
