The KPBN Inacom CPO price remained unchanged on Thursday, while Rotterdam prices diverged across CPO, olein and palm kernel oil contracts, reflecting mixed movements in the vegetable oils market.
PALMOILMAGAZINE, JAKARTA — The crude palm oil (CPO) price at the KPBN Inacom tender held steady at IDR 15,515 per kg on Thursday, September 24, 2026, unchanged from the previous day’s level.
Prices for vegetable oil products on the Rotterdam market, meanwhile, moved in mixed directions, with the November CPO contract posting a sharp increase of US$120 per ton.
Also Read: KPBN Inacom CPO Price Falls to IDR 15,515/Kg on September 23 as Rotterdam CPO Weakens
The Franco K. Tanjung price stood at IDR 15,515 per kg, while CIF Gresik Port was also quoted at IDR 15,515 per kg on a withdrawn (WD) basis, against a bid of IDR 15,150 per kg from WNI.
At FOB T. Duku, the CPO price was IDR 15,265 per kg on a WD basis, with the highest bid at IDR 15,260 per kg. At Franco T. Bayur, the price stood at IDR 15,315 per kg, also withdrawn, against the highest bid of IDR 15,288 per kg.
For crude palm kernel oil (CPKO), the Franco Dumai price was IDR 29,246 per kg on a WD basis, with the highest bid at IDR 28,275 per kg.
Also Read: Malaysia CPO Prices Fall for Fourth Session as Stocks Rise, Demand Weakens
Rotterdam Market
Vegetable oil prices on the Rotterdam market moved in different directions on Thursday.
The October CPO contract fell US$10 to US$1,370 per ton, while the November contract rose US$120 to US$1,570 per ton.
Also Read: Prabowo Calls Oil Palm a “Miracle Crop,” Highlights Potential for Energy and Downstream Products
The price of soybean oil (SBO) fell US$24, although the available data did not specify the closing contract price.
For coconut oil (CNO), the September-October contract was listed as UNQ, while the October-November contract stood at US$2,080 per ton.
KPBN Inacom Tender Prices
Prices in IDR per kg, excluding VAT.
| Commodity | Location | Price | Highest Bid |
| CPO | Loco PKS Luwu | No Bidder | — |
| CPO | CIF Gresik Port | 15,515 (WD) | 15,150 – WNI |
| CPO | Franco K. Tanjung | 15,515 (EOP) | — |
| CPO | FOB T. Duku | 15,265 (WD) | 15,260 – PSCOI |
| CPO | Franco T. Bayur | 15,315 (WD) | 15,288 – WIRA |
| CPO | Loco PKS S. Tapung | 15,276 (WD) | 14,950 – AGM |
| CPO | Loco PKS Kembayan | 15,015 (WD) | 15,010 – EUP |
| CPO | Loco PKS Ngabang | 15,140 (WD) | 15,135 – EUP |
| CPO | Loco PKS Parindu | 15,125 (WD) | 15,120 – EUP |
| CPKO | Franco Dumai | 29,246 (WD) | 28,275 – IBP |
| CPKO | Franco S. Mangkei | 29,144 (WD) | 28,025 – MM |
Rotterdam Closing Prices
| Commodity | Contract | Price | Change |
| CPO | October | US$1,370 | -US$10 |
| CPO | November | US$1,570 | +US$120 |
| Olein | October | US$1,175 | -US$5 |
| Olein | November | US$1,190 | -US$12.50 |
| SBO | — | — | -US$24 |
| CNO | Sep-Oct | UNQ | — |
| CNO | Oct-Nov | US$2,080 | — |
| PKO | Sep-Oct | US$2,060 | +US$30 |
| PKO | Oct-Nov | US$2,055 | -US$20 |
The KPBN Inacom CPO price therefore remained unchanged at IDR 15,515 per kg on Thursday, while vegetable oil prices on the Rotterdam market showed mixed movements across contracts, with the November CPO contract recording the strongest gain. (P3)
