KPBN Inacom CPO Price Rises to IDR 14,988/kg on Thursday (Oct. 15), Rotterdam CPO at US$1,570

KPBN Inacom’s CPO tender price rose IDR 38/kg to IDR 14,988/kg on Thursday (Oct. 15), while Rotterdam CPO for November delivery was quoted at US$1,570/ton, US$20 above the October contract.

PALMOILMAGAZINE, JAKARTA — Indonesia’s crude palm oil (CPO) benchmark strengthened in the PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom tender on Thursday (Oct. 15, 2026), with the Franco Dumai price rising IDR 38/kg to IDR 14,988/kg from IDR 14,950/kg a day earlier.

Data from the KPBN Inacom tender showed the Franco Dumai CPO price settled at IDR 14,988/kg. However, several other delivery points ended without a confirmed transaction, with bids recorded as withdrawn (WD).

BACA JUGA: KPBN Inacom CPO Price Rises to IDR 14,950/kg on Wednesday (Oct. 14), Malaysia CPO Futures Gain for Third Day

At CIF Gresik Port, the indicated price was also IDR 14,988/kg, but the tender was marked WD after a bid of IDR 14,641/kg.

Meanwhile, the FOB Talang Duku tender recorded an indicated price of IDR 14,738/kg and was also marked WD. The highest bid, submitted by EUP, stood at IDR 14,546/kg.

At Franco Teluk Bayur, the indicated price was IDR 14,788/kg, with the tender ending WD after WIRA submitted the highest bid of IDR 14,557/kg.

Also Read: Indonesia Raises October 2026 CPO Reference Price to USD 1,042.15/MT, Export Duty USD 178, Levy USD 130.269

Rotterdam Vegetable Oil Market

In the international vegetable oil market, available Rotterdam closing data showed CPO for October delivery at US$1,550/ton, while the November contract was quoted at US$1,570/ton.

The US$20 premium for the November contract over October indicates firmer forward pricing in the Rotterdam market.

Also Read: GAPKI IPOC 2026 to Shape Indonesia’s Palm Oil Strategy Amid Global Trade and Geopolitical Risks

For olein (OLE), the October contract was quoted at US$1,142.50/ton, compared with US$1,145/ton for November.

The available soybean oil (SBO) data showed a change of -102, although the contract period and unit of change were not specified in the source data.

Meanwhile, coconut oil (CNO) for the October-November contract was quoted at US$1,995/ton, up US$10, while the November-December contract stood at US$2,010/ton, also up US$10.

Also Read: Indonesia Sets October 2026 Biodiesel HIP at IDR 15,072/Liter, Excluding Transport Costs

Palm kernel oil (PKO) contracts for October-November and November-December were listed as UNQ, or unquoted, indicating that no price quotation was available.

KPBN Inacom CPO Tender Prices

Source: KPBN Inacom, processed by Agricom.

Note: Prices exclude VAT. WD = withdrawn.

Rotterdam Closing Prices

(P3)