Malaysia’s benchmark CPO futures fell 0.77% to RM4,898 per metric ton on Friday (Sept. 18, 2026), pressured by weaker competing vegetable oils in China and the United States.
PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) futures on the Bursa Malaysia Derivatives Exchange closed lower on Friday (Sept. 18, 2026), pressured by declines in competing vegetable oils in Dalian and Chicago, as well as weaker crude oil prices.
According to Reuters, the benchmark CPO futures contract for December 2026 delivery fell RM38 per metric ton, or 0.77%, to RM4,898 per metric ton.
Also Read: Malaysia CPO Price Falls 1.16% to RM4,940/Ton as September Stocks in Focus
Despite the daily decline, the contract still posted a 1.74% gain for the week.
Pressure was also evident across China’s vegetable oil market. The most-active soybean oil (soyoil) contract on the Dalian Commodity Exchange fell 1.57%, while the most-active palm oil contract declined 2.14%.
In the United States, soybean oil futures on the Chicago Board of Trade also fell 0.77%. The weakness in competing vegetable oils limited upward momentum in Malaysia’s palm oil market.
Also Read: CPOPC and WWF-Indonesia Link Palm Oil Sustainability to Smallholder Income
CPO prices were also influenced by developments in the crude oil market. Lower energy prices reduced the relative attractiveness of vegetable oils as feedstocks for biodiesel.
KPBN CPO Prices Also Decline
In Indonesia’s domestic market, CPO prices in the PT Kharisma Pemasaran Bersama Nusantara (KPBN), or Inacom, tender also declined on Friday.
The KPBN CPO price was set at IDR15,708 per kg, down IDR50 per kg, or around 0.32%, from Thursday’s (Sept. 17) highest bid of IDR15,758 per kg.
Also Read: KPBN Inacom CPO Price Falls IDR50 to IDR15,708/kg, Malaysia CPO Also Weakens
CPO on a Franco Dumai basis was set at IDR15,708 per kg. Meanwhile, CPO on an FOB Talang Duku basis opened at IDR15,458 per kg and was withdrawn (WD), with the highest bid at IDR15,357 per kg.
For Franco Teluk Bayur, CPO opened at IDR15,508 per kg and was also withdrawn, with the highest bid at IDR15,305 per kg.
Also Read: WWF-Indonesia and CPOPC Strengthen Sustainable Commodity Supply Chains
The decline in domestic CPO prices came amid broader pressure across global vegetable oil markets, particularly soybean oil and palm oil in China and soybean oil in the United States. (P3)
