KPBN’s benchmark CPO price eased to IDR 15,650/kg on August 6 as Bursa Malaysia palm oil futures declined on concerns over improving supply and softer competing vegetable oils.
PALMOILMAGAZINE, JAKARTA — Indonesia’s crude palm oil (CPO) reference price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) edged lower on Thursday, August 6, 2026, mirroring weakness in the Malaysian palm oil futures market amid softer crude oil and soybean oil prices and expectations of rising palm oil production.
KPBN set the Franco Dumai CPO price at IDR 15,650 per kilogram, down IDR 38/kg, or 0.24%, from the highest bid of IDR 15,688/kg recorded on Wednesday, August 5.
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Based on KPBN tender data obtained by PalmOilMagazine, the FOB Talang Duku tender opened at IDR 15,400/kg but was withdrawn (WD), with the highest bid reaching IDR 15,317/kg. Similarly, the Franco Teluk Bayur tender opened at IDR 15,450/kg before being withdrawn after attracting a top offer of IDR 15,325/kg.
In the palm kernel oil (CPKO) market, the Franco Dumai tender was offered at IDR 29,528/kg but was also withdrawn, with the highest bid standing at IDR 28,900/kg. Meanwhile, the FOB Lampung tender opened at IDR 29,454/kg before being withdrawn after receiving a top bid of IDR 28,300/kg.
For palm kernel (PK), the Franco Belawan tender was quoted at IDR 13,821/kg, but the auction ended in withdrawal despite the highest bid reaching IDR 13,605/kg.
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Meanwhile, crude palm oil futures on Bursa Malaysia Derivatives closed mostly lower on Thursday as weaker crude oil and soybean oil prices weighed on market sentiment. Traders also remained cautious ahead of expectations for stronger Malaysian palm oil production and inventory levels in the coming weeks.
According to Bernama, concerns over improving supply prospects continued to limit buying interest across the futures market.
At the close, the September 2026 contract fell RM21 to RM4,625 per tonne, while the October 2026 contract declined RM16 to RM4,686 per tonne. The November 2026 contract slipped RM12 to RM4,733 per tonne.
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The December 2026 contract lost RM8 to RM4,775 per tonne, while the January 2027 contract edged RM2 lower to RM4,815 per tonne.
The August 2026 contract was the only gainer, rising RM15 to RM4,534 per tonne.
Trading volume declined to 85,066 lots from 109,598 lots in the previous session. However, open interest increased to 312,050 contracts, up from 309,063 contracts, indicating that market participants largely maintained their positions despite the weaker price trend.
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In the physical market, the August South Malaysia CPO price fell RM20 to RM4,540 per tonne, broadly in line with the decline in futures prices.
KPBN Tender Results (Excluding VAT) – Thursday, August 6, 2026
CPO
- Franco Dumai: IDR 15,650/kg (KJA)
- FOB Talang Duku: IDR 15,400/kg (WD); highest bid IDR 15,317/kg (EUP)
- Franco Teluk Bayur: IDR 15,450/kg (WD); highest bid IDR 15,325/kg (WIRA)
- FOB Boom Baru, Palembang: IDR 15,425/kg (WD); highest bid IDR 15,342/kg (PSCOI)
- Loco G. Meliau & Rimba Belian Mills: IDR 15,300/kg (WD); highest bid IDR 15,017/kg (EUP)
- FOB IPP Pagun/Parba, West Kalimantan: IDR 15,300/kg (WD); highest bid IDR 15,167/kg (EUP)
CPKO
- Franco Dumai: IDR 29,528/kg (WD); highest bid IDR 28,900/kg (PAA)
- FOB Lampung: IDR 29,454/kg (WD); highest bid IDR 28,300/kg (AMJP)
- FOB Palembang: IDR 29,284/kg (WD); highest bid IDR 28,000/kg (AMJP)
PK
- Franco Belawan: IDR 13,821/kg (WD); highest bid IDR 13,605/kg (SMART).
(P3)
