The KPBN Inacom CPO tender price remained unchanged at IDR 14,988/kg on Friday (Oct. 16, 2026), while Rotterdam CPO and olein prices declined by USD15 and USD10 per ton, respectively.
PALMOILMAGAZINE, JAKARTA — The PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom tender price for crude palm oil (CPO) remained unchanged at IDR 14,988 per kg on Friday (Oct. 16, 2026), holding at the same level as Thursday.
According to KPBN Inacom tender results obtained by PalmOilMagazine, the opening price at the Franco Dumai location was set at IDR 15,040 per kg, while the highest bid reached IDR 14,988 per kg. The tender was subsequently withdrawn (WD).
Also Read: KPBN Inacom CPO Price Rises to IDR 14,988/kg on Thursday (Oct. 15), Rotterdam CPO at US$1,570
At CIF Pelabuhan Gresik, the opening price was IDR 15,040 per kg, with the highest bid at IDR 14,741 per kg. Under the FOB Talang Duku scheme, the opening price stood at IDR 14,790 per kg, while the highest bid was IDR 14,663 per kg.
The Franco Teluk Bayur tender opened at IDR 14,840 per kg and received a highest bid of IDR 14,660 per kg. All three locations were recorded as withdrawn.
No bidder was recorded for the Loco PKS Luwu tender.
Also Read: Malaysia CPO Futures Fall as Soybean Oil Slumps, November Contract Drops RM84 to RM4,476
Rotterdam CPO and Olein Prices Decline
In the international market, vegetable oil prices on the Rotterdam market weakened on Friday, with both CPO and olein contracts recording declines.
The October CPO contract closed at USD 1,535 per ton, down USD15 from the previous session. The November contract also fell USD15 to USD 1,555 per ton.
Also Read: Indonesia Pushes Private Investment to Create Better Jobs Across Palm Oil Value Chain
Olein prices followed the same trend. The October contract closed at USD 1,132.50 per ton, down USD10, while the November contract fell USD10 to USD 1,135 per ton.
In contrast, soybean oil (SBO) prices increased by USD7.
Coconut oil (CNO) was quoted at USD 1,995 per ton for the October–November contract and USD 2,010 per ton for the November–December contract.
The contrasting movements between the domestic KPBN tender and the Rotterdam market highlight the importance of monitoring supply, demand and transaction dynamics across individual palm oil markets. While the KPBN Inacom price held steady, international CPO and olein benchmarks came under pressure.
Also Read: GAPKI Backs Government Plan to Remove Local Burning Exemption in Environmental Law
KPBN Inacom CPO Tender Price
Friday, Oct. 16, 2026 — IDR per kg, excluding VAT
| Tender Location | Opening Price | Highest Bid | Bidder | Status |
| Franco Dumai | IDR 15,040 | IDR 14,988 | CTI | WD |
| Loco PKS Luwu | — | — | No Bidder | — |
| CIF Pel. Gresik | IDR 15,040 | IDR 14,741 | WNI | WD |
| FOB Talang Duku | IDR 14,790 | IDR 14,663 | EUP | WD |
| Franco Teluk Bayur | IDR 14,840 | IDR 14,660 | WIRA | WD |
Source: KPBN Inacom, compiled by PalmOilMagazine
Rotterdam Closing Prices
Friday, Oct. 16, 2026 — USD per ton
| Commodity | Contract | Closing Price | Change |
| CPO | October | USD 1,535.00 | -15 |
| CPO | November | USD 1,555.00 | -15 |
| Olein | October | USD 1,132.50 | -10 |
| Olein | November | USD 1,135.00 | -10 |
| SBO | — | — | +7 |
| CNO | October–November | USD 1,995.00 | — |
| CNO | November–December | USD 2,010.00 | — |
| PKO | October–November | UNQ | — |
| PKO | November–December | UNQ | — |
Source: Rotterdam market data, compiled by PalmOilMagazine
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