The highest CPO bid at KPBN Inacom fell IDR 100/kg to IDR 15,602/kg on Wednesday, August 12, as weaker palm oil prices in Malaysia added pressure to the domestic market.
AGRICOM, JAKARTA, INDONESIA — Crude palm oil (CPO) prices in Indonesia came under renewed pressure on Wednesday, August 12, 2026, as the CPO tender held by PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom ended in a withdrawal, with the highest bid for Franco Dumai at IDR 15,602 per kilogram.
The bid was IDR 100/kg, or 0.64%, lower than the IDR 15,702/kg CPO price recorded at the previous day’s tender.
Also Read: KPBN CPO Price Rises to IDR 15,702/Kg on Aug. 11, 2026
Franco Dumai CPO opened at IDR 15,650/kg on Wednesday. However, the highest bid from SPC reached only IDR 15,602/kg, resulting in a withdrawal.
Similar conditions were seen at other delivery points. CPO at FOB Talang Duku opened at IDR 15,400/kg, with the highest bid reaching IDR 15,352/kg from EUP. Meanwhile, Franco Teluk Bayur opened at IDR 15,450/kg and received a highest bid of IDR 15,313/kg from WIRA. Both tenders also ended in withdrawal.
The weaker bids at the KPBN Inacom tender came as palm oil prices on Bursa Malaysia also declined, indicating continued pressure from regional vegetable oil markets.
Also Read: Malaysia CPO Futures Rise as August Contract Hits RM4,562/Tonne
The weakness extended beyond CPO, with several derivative product tenders also ending in withdrawal. For crude palm kernel oil (CPKO), Franco Dumai opened at IDR 27,875/kg and received a highest bid of IDR 27,375/kg from IBP.
For palm kernels (PK), Loco PKS Pagar Merbau opened at IDR 12,975/kg, while the highest bid reached IDR 12,841/kg from SMART. The tender was also withdrawn.
Also Read: Malaysia Palm Oil Stocks Rise 3.32% to 2.63 Million Tonnes in July 2026
KPBN Inacom Tender Results
The following are the KPBN Inacom tender results for Wednesday, August 12, 2026, excluding VAT:
CPO
- Franco Dumai: IDR 15,650/kg (WD). Highest bid: IDR 15,602/kg – SPC
- FOB Talang Duku: IDR 15,400/kg (WD). Highest bid: IDR 15,352/kg – EUP
- Franco Teluk Bayur: IDR 15,450/kg (WD). Highest bid: IDR 15,313/kg – WIRA
CPKO
- Franco Dumai: IDR 27,875/kg (WD). Highest bid: IDR 27,375/kg – IBP
- Franco Kuala Tanjung: IDR 27,875/kg – UOCI
- FOB Lampung: IDR 27,801/kg (WD). Highest bid: IDR 26,300/kg – AMJP
- FOB Palembang: IDR 27,681/kg (WD). Highest bid: IDR 26,500/kg – AMJP
Palm Kernel (PK)
- Loco PKS Pagar Merbau: IDR 12,975/kg (WD). Highest bid: IDR 12,841/kg – SMART
- Loco PKS R.Dua: IDR 12,285/kg – WIRA
- Loco PKS Bunut: IDR 12,395/kg (WD). Highest bid: IDR 11,855/kg – WIRA
- Loco PKS Pengabuan: IDR 12,279/kg (WD). Highest bid: IDR 11,785/kg – WIRA
- Loco PKS Solok Selatan: IDR 12,289/kg (WD). Highest bid: IDR 11,950/kg – WIRA
- Loco PKS Ophir: IDR 12,413/kg – WIRA
The latest tender results put the highest CPO bid at KPBN Inacom back below the previous day’s level. Market participants will continue to monitor the next price movement, particularly developments in Bursa Malaysia and broader global vegetable oil markets. (P3)
