PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom were set at IDR 15,335 per kilogram on Thursday (18/6/2026). This marked an increase of IDR 185/kg, or around 1.22%, compared to the highest offer recorded on Wednesday (17/6/2026) at IDR 15,150/kg.
Based on KPBN Inacom data obtained by Palmoilmagazine.com, CPO Franco Dumai was priced at IDR 15,335/kg. Meanwhile, CPO FOB Talang Duku was recorded at IDR 15,135/kg, while FOB Teluk Bayur opened at IDR 15,205/kg but ended in a withdrawal (WD), with the highest offer reaching IDR 15,023/kg.
For downstream products, Crude Palm Kernel Oil (CPKO) FOB Lampung also recorded a withdrawal condition, with the benchmark price set at IDR 25,582/kg, while the highest bid stood at IDR 24,500/kg.
Also Read: West Kalimantan FFB Prices Climb Above IDR 3,400/kg in Late June 2026
Palm Kernel (PK) prices showed mixed outcomes. Loko PKS Bunut was set at IDR 11,596/kg (WD) with the highest bid at IDR 10,900/kg, while Loko PKS R. Dua was recorded at IDR 11,480/kg (WD) with the highest bid at IDR 11,021/kg.
In contrast, international markets remained under pressure. According to Reuters, Malaysian crude palm oil futures declined again on Thursday (18/6/2026), weighed down by falling global crude oil prices and weakness in competing vegetable oil markets.
At midday trading on the Bursa Malaysia Derivatives Exchange (BMD), the benchmark CPO contract for September 2026 delivery fell RM33 per ton, or 0.72%, to RM4,541 per ton. The decline reflected persistent negative sentiment across global energy and agricultural commodity markets.
Also Read: India’s Vegetable Oil Imports Climb 8%, Soybean Oil Gains Ground Against Palm Oil
Additional pressure came from China and the United States commodity exchanges. The most active soybean oil contract on the Dalian Commodity Exchange fell 0.47%, while its palm oil contract dropped more sharply by 0.99%. On the Chicago Board of Trade (CBOT), soybean oil futures also declined by 0.92%.
These movements indicate continued weakness in the global vegetable oil complex, driven by softer energy prices and shifting demand dynamics in major consuming countries. However, the strengthening of Indonesian domestic CPO prices highlights the resilience of local demand amid global market volatility. (P3)
