KPBN Inacom withdrew its CPO tender on Friday, with the highest bid at IDR15,000/kg, while Malaysia’s benchmark December 2026 palm oil contract fell to a seven-week low amid expectations of higher production and weaker exports.
PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) were withdrawn from Friday’s tender on September 25, 2026, with the highest bid recorded at IDR15,000 per kg.
The bid was IDR515 per kg, or 3.32%, below the previous day’s KPBN CPO price of IDR15,515 per kg.
Also Read: KPBN Inacom CPO Price Holds at IDR 15,515/kg Thursday (Sept. 24), Rotterdam Mixed
According to KPBN data obtained by PalmOilMagazine, several domestic CPO delivery points opened at different price levels before the tenders were withdrawn.
At Franco Belawan, CPO opened at IDR15,300 per kg, with the highest bid at IDR15,000 per kg from EOP and BES before the tender was withdrawn. At FOB Talang Duku, the opening price was IDR15,050 per kg, while the highest bid reached IDR14,749 per kg from WNI.
The decline in domestic CPO prices came alongside renewed pressure in the global palm oil market.
Also Read: Malaysia CPO Price Thursday (Sept. 24) Edges Up to RM4,771/Ton as Dalian Oils Gain
Malaysia Palm Oil Futures Fall 2.07%
CPO futures on the Bursa Malaysia Derivatives Exchange fell more than 2% on Friday, extending the market’s recent decline and pushing prices to their lowest level in more than seven weeks.
According to Reuters, the benchmark December 2026 CPO contract fell RM99 per metric ton, or 2.07%, to RM4,673 per metric ton, equivalent to approximately US$1,148.16 per ton.
The closing level was the lowest since August 3, 2026.
Market pressure was linked to expectations of higher palm oil production and weaker exports, which could contribute to a build-up in inventories.
On a weekly basis, the December 2026 contract fell 4.59% during the week ended September 25. The decline reversed a 1.74% gain recorded in the previous week.
Also Read: Indonesia’s B50 Biodiesel Push Puts Smallholder Access to CPO Supply Chain in Focus
KPBN Tender Details
The following are the KPBN Inacom tender results for Friday, September 25, 2026. All prices are in Indonesian rupiah per kilogram and exclude value-added tax (VAT).
CPO
| Location | Opening Price | Highest Bid | Status |
| Loco PKS Luwu | — | — | No bidder |
| CIF Gresik Port | IDR15,300 | IDR14,899 – WNI | Withdrawn |
| Franco Belawan | IDR15,300 | IDR15,000 – EOP, BES | Withdrawn |
| FOB Talang Duku | IDR15,050 | IDR14,749 – WNI | Withdrawn |
| Franco Teluk Bayur | IDR15,100 | IDR14,799 – WNI | Withdrawn |
| Loco PKS Sei Tapung | IDR15,061 | IDR14,711 – AGM | Withdrawn |
| Loco PKS Kembayan | IDR14,800 | IDR14,495 – EUP | Withdrawn |
| Loco PKS Ngabang | IDR14,925 | IDR14,620 – EUP | Withdrawn |
| Loco PKS Parindu | IDR14,910 | IDR14,605 – MNA | Withdrawn |
CPKO
| Location | Price | Highest Bid | Status |
| Franco Dumai | IDR28,388 – SDS | — | Sold |
| Franco Kuala Tanjung | IDR28,388 | IDR26,725 – MM | Withdrawn |
| Sei Mangkei | IDR28,236 | IDR26,475 – MM | Withdrawn |
PK
| Location | Price | Highest Bid | Status |
| Franco Belawan | IDR13,570 | IDR13,300 – PHPO | Withdrawn |
Note: All KPBN tender prices are in Indonesian rupiah per kilogram and exclude VAT.
(P3)
