Indonesia’s KPBN Inacom recorded a higher CPO price on August 18, while Malaysian palm oil futures climbed to their highest level since early April, supported by stronger global vegetable oil and crude oil prices.
PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices traded through PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom increased on Tuesday, August 18, 2026, in line with strengthening palm oil prices on the Malaysian market.
The KPBN Inacom CPO price was set at IDR 15,835/kg, up IDR 135/kg, or approximately 0.86%, from IDR 15,700/kg recorded in the previous trading session on Friday, August 14, 2026.
Also Read: KPBN CPO Price Rises to IDR 15,700/kg on Friday, Aug. 14, 2026
Based on information obtained by PalmOilMagazine from KPBN Inacom, the Franco Dumai CPO price was set at IDR 15,835/kg.
Meanwhile, CPO offered on an FOB Talang Duku basis opened at IDR 15,585/kg but was withdrawn, with the highest offer recorded at IDR 15,539/kg.
The Franco Teluk Bayur CPO price was set at IDR 15,635/kg.
Also Read: Indonesia CPO Price Rises to IDR 15,688/kg as Malaysian CPO Hits RM4,724/tonne
Other palm oil products traded through KPBN Inacom included:
- CPKO Franco Dumai: IDR 28,100/kg
- CPKO FOB Palembang: IDR 27,300/kg
- PK Franco Belawan: IDR 13,180/kg
Also Read: Malaysian CPO Price Falls to RM4,711 per Tonne as Rising Stocks Pressure Market
The increase in Indonesia’s domestic CPO price came as Malaysian palm oil futures continued to strengthen.
According to Trading Economics, Malaysian crude palm oil futures remained above MYR 4,800 per tonne and climbed to their highest level since early April, supported by rising vegetable oil prices in global markets.
Stronger prices for competing vegetable oils on China’s Dalian Commodity Exchange and in the Chicago market helped support bullish sentiment in palm oil trading.
Also Read: Malaysia CPO Prices Seen Supported in H2 2026 Despite Higher Palm Oil Stocks
Higher global crude oil prices also provided additional support, as prospects for an agreement to end the conflict in the Middle East appeared to become more distant.
The situation has heightened market concerns over potential disruptions to global energy supplies and their impact on commodity prices, including vegetable oils. Palm oil remains closely linked to the energy sector through its role as a feedstock for biodiesel.
Also Read: Indonesia Cuts August CPO Reference Price to USD 996.52/MT as Export Charges Adjust
However, gains in Malaysian palm oil prices were partly limited by the strengthening of the Malaysian ringgit. A stronger currency can make Malaysian palm oil relatively more expensive for overseas buyers using other currencies, potentially affecting export competitiveness.
Going forward, palm oil market participants are expected to continue monitoring movements in global vegetable oil prices, crude oil, currency markets and export demand as key factors influencing the direction of CPO prices. (P3)
