PALMOILMAGAZINE, JAKARTA – Indonesia’s crude palm oil (CPO) prices continued their upward trend at the PT Kharisma Pemasaran Bersama Nusantara (KPBN) tender on Thursday (July 9, 2026), with the highest transaction reaching IDR15,600 per kilogram.
The latest result marks a modest increase of IDR11/kg from Wednesday’s (July 8) highest offer of IDR15,589/kg, when all tenders ultimately ended in withdrawal (WD) after failing to meet sellers’ price expectations.
The highest CPO price was recorded for Franco Kuala Tanjung at IDR15,600/kg, followed by Franco Teluk Bayur at IDR15,470/kg, while FOB Boom Baru, Palembang was traded at IDR15,450/kg.
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Meanwhile, in the palm kernel (PK) segment, the highest price was achieved at Loco PKS Bunut, which sold at IDR13,255/kg. Another successful transaction occurred at Loco PKS Pengabuan, where PK changed hands at IDR13,035/kg.
The tender results indicate that bullish sentiment in Indonesia’s CPO market remains intact. Besides extending the price rally to IDR15,600/kg, trading activity also improved significantly after the previous session saw every tender withdrawn due to pricing disagreements.
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KPBN Tender Results – Thursday, July 9, 2026 (Excluding VAT)
Crude Palm Oil (CPO):
- Franco Kuala Tanjung: IDR15,600/kg (EOP)
- Franco Teluk Bayur: IDR15,470/kg (WIRA)
- Loco Luwu: No Bidder
- FOB Boom Baru, Palembang: IDR15,450/kg (MM)
- FOB Parba, West Kalimantan: Withdrawn (WD); highest bid IDR15,239/kg (EUP)
- Loco PKS Parindu & Ngabang: IDR15,250/kg (EUP)
- Loco PKS Kembayan: IDR15,150/kg (EUP)
Palm Kernel (PK):
- Loco PKS Bunut: IDR13,255/kg (WIRA)
- Loco PKS Pengabuan: IDR13,035/kg (WIRA)
- Loco PKS Tanjung Lebar: Withdrawn (WD); highest bid IDR12,200/kg (SAP)
(P3)
