KPBN Inacom CPO Price Holds at IDR 14,988/kg on Friday (Oct. 16), Rotterdam Market Weakens

Palm Oil Magazine
The KPBN Inacom CPO tender price held at IDR 14,988/kg on Friday (Oct. 16, 2026), while Rotterdam CPO and olein prices declined. Photo illustration: PalmOilMagazine (AI Generated)
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 The tender was subsequently withdrawn (WD).

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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 All three locations were recorded as withdrawn.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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