KPBN Inacom’s highest CPO bid rose 0.69% to IDR 15,708 per kg on Thursday, August 27, while Malaysia palm oil futures gained on bargain buying and stronger rival vegetable oil prices in China.
PALMOILMAGAZINE, JAKARTA — The crude palm oil (CPO) tender at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom remained withdrawn (WD) on Thursday, August 27, 2026, despite the highest bid rising to IDR 15,708 per kg.
The highest CPO bid increased IDR 108 per kg, or 0.69%, from IDR 15,600 per kg recorded on Wednesday, August 26, 2026.
Also Read: Indonesia Cuts August CPO Reference Price to USD 996.52/MT as Export Charges Adjust
According to information obtained by PalmOilMagazine from KPBN, the CPO offer at Franco Dumai opened at IDR 15,770 per kg before the tender ended in a withdrawal, with the highest bid recorded at IDR 15,708 per kg.
At FOB Talang Duku, the CPO offer opened at IDR 15,520 per kg, while the highest bid reached IDR 15,329 per kg before the tender was withdrawn.
Meanwhile, the CPO offer at Franco Teluk Bayur opened at IDR 15,570 per kg, with the highest bid reaching IDR 15,530 per kg before the tender ended in a withdrawal.
Also Read: CPO Prices Under Pressure as KPBN Tender Withdraws, Malaysia Futures Fall
For other palm oil products, crude palm kernel oil (CPKO) at Franco Dumai was quoted at IDR 29,269 per kg.
The price of palm kernels (PK) at Loco PKS Bunut was recorded at IDR 12,435 per kg on a SAP basis.
Malaysia Palm Oil Futures Gain
Meanwhile, CPO futures on Bursa Malaysia Derivatives strengthened on Thursday, August 27, 2026, following two consecutive sessions of losses.
The rebound was supported by bargain hunting, as well as gains in competing vegetable oils traded in Dalian, China.
According to Reuters, the benchmark November 2026 CPO futures contract on Bursa Malaysia Derivatives Exchange rose RM35 per metric ton, or 0.72%, to RM4,887 per ton at the midday trading break.
Also Read: CPO Prices Slide as Bursa Malaysia Falls 1.88%, KPBN Tender Withdraws
At the prevailing exchange rate, the price was equivalent to approximately US$1,214 per ton.
In Dalian, the most actively traded soybean oil contract gained 0.94%, while the palm oil contract advanced 0.35%.
In contrast, soybean oil prices on the Chicago Board of Trade (CBOT) fell 1.7%.
Also Read: CPO Prices Expected to Rise in H2 2026 as El Niño Raises Supply Risks
The movement in rival vegetable oils remains an important factor influencing palm oil futures, as traders assess relative pricing and demand prospects across the global edible oils market. (P3)
