KPBN Inacom’s top CPO tender price climbed IDR 212/kg to IDR 15,100/kg on Wednesday (Oct. 28), while Rotterdam CPO futures for November and December fell US$20 per ton amid broader weakness across several vegetable oils.
PALMOILMAGAZINE, JAKARTA — Indonesia’s domestic crude palm oil (CPO) market strengthened on Wednesday (Oct. 28), with the top offer in the PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom tender rising to IDR 15,100 per kilogram for Franco Dumai.
The price increased IDR 212/kg from the previous day’s top offer of IDR 14,888/kg, pushing the KPBN Inacom benchmark back above the IDR 15,000/kg level.
Also Read: KPBN Inacom CPO Price Drops IDR 130 to IDR 14,888/kg on Tuesday (Oct. 27), Rotterdam CPO Falls US$10
According to KPBN Inacom tender data obtained by PalmOilMagazine, the highest CPO price was recorded for Franco Dumai at IDR 15,100/kg, with CTI as the buyer.
Meanwhile, CPO at FOB Talang Duku was offered at IDR 14,850/kg, with PSCOI as the buyer.
At other locations, CPO at Loco PKS Ngabang was priced at IDR 14,725/kg, while Loco PKS Kembayan was recorded at IDR 14,600/kg. Both tenders listed EUP as the buyer.
Also Read: Is Palm Industry The Real Culprit Behind Forest and Land Fires?
KPBN Inacom CPO Tender Prices
The following are KPBN Inacom’s palm oil tender prices on Wednesday (Oct. 28), excluding value-added tax (VAT):
| Product | Tender Location | Price (IDR/kg) | Buyer |
| CPO | Franco Dumai | 15,100 | CTI |
| CPO | FOB Talang Duku | 14,850 | PSCOI |
| CPO | Loco PKS Ngabang | 14,725 | EUP |
| CPO | Loco PKS Kembayan | 14,600 | EUP |
Palm Kernel Tender Prices
| Product | Tender Location | Price (IDR/kg) | Buyer |
| Palm Kernel (PK) | Loco PKS Pengabuan | 12,322 | WIRA |
| Palm Kernel (PK) | Loco PKS Aur Gading | 12,435 | WIRA |
Source: KPBN Inacom, compiled by PalmOilMagazine.com.
Also Read: South Sumatra FFB Prices Reach IDR 3,541.39/kg for 10–20-Year-Old Palms
Rotterdam CPO Prices Fall US$20 per Ton
The rise in Indonesia’s domestic tender market contrasted with weaker CPO prices in the Rotterdam market on Wednesday.
Rotterdam CPO for November closed at US$1,550 per ton, down US$20, while the December contract fell by the same amount to US$1,570 per ton.
Also Read: Central Kalimantan FFB Prices Slide to IDR 3,566.72/kg in Early October
The decline extended to other vegetable oils. Olein (OLE) for November fell US$17.50 to US$1,132.50 per ton, while the December contract declined US$15 to US$1,165 per ton.
Soybean oil (SBO) also weakened by 35 points. Coconut oil (CNO) prices for both listed contract periods fell US$10 per ton, while palm kernel oil (PKO) declined US$50 per ton.
Also Read: Rising Biodiesel Demand Could Push CPO Prices Higher in 2027, GAPKI Says
Rotterdam Vegetable Oil Closing Prices
| Commodity | Contract | Closing Price | Change |
| CPO | November | US$1,550/ton | -US$20 |
| CPO | December | US$1,570/ton | -US$20 |
| OLE | November | US$1,132.50/ton | -US$17.50 |
| OLE | December | US$1,165/ton | -US$15 |
| SBO | — | — | -35 points |
| CNO | October–November | US$2,040/ton | -US$10 |
| CNO | November–December | US$2,050/ton | -US$10 |
| PKO | November–December | US$1,940/ton | -US$50 |
Source: Rotterdam Exchange, compiled by PalmOilMagazine.com.
Note: The absolute SBO price was not included in the source data received. The unit for the SBO change follows the source data.
The divergence between the stronger KPBN Inacom tender and weaker Rotterdam prices highlights differing dynamics across physical and international palm oil markets, with domestic Indonesian pricing supported even as the broader vegetable oil complex came under pressure. (P3)
