KPBN Inacom CPO Price Drops to IDR 14,963/kg on Oct. 29 as Malaysia Futures Fall 1.47%

Indonesia’s KPBN Inacom CPO tender price fell 0.91% on Thursday, while Malaysia’s benchmark January 2027 palm oil contract dropped 1.47% to RM4,616 per ton.

PALMOILMAGAZINE, JAKARTA — The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) fell sharply on Thursday (Oct. 29, 2026), while Malaysian palm oil futures extended their decline for a fourth consecutive session amid pressure from competing vegetable oils and expectations of higher palm oil inventories.

The KPBN Inacom CPO price was set at IDR 14,963 per kilogram, down IDR 137/kg, or 0.91%, from IDR 15,100/kg on Wednesday (Oct. 28).

Also Read: KPBN Inacom CPO Price Rises to IDR 15,100/kg on Oct. 28 as Rotterdam CPO Falls

According to KPBN data obtained by PalmOilMagazine, the Franco Dumai CPO price was set at IDR 14,963/kg, while the FOB Talang Duku price stood at IDR 14,713/kg.

The Franco Teluk Bayur tender opened at IDR 14,763/kg but was withdrawn (WD), with the highest bid recorded at IDR 14,513/kg.

Malaysia CPO Futures Fall to Three-Week Low

Palm oil futures on the Bursa Malaysia Derivatives Exchange fell more than 1% at Thursday’s close, reaching their lowest level in nearly three weeks.

The decline extended losses into a fourth consecutive trading session, pressured by weaker competing vegetable oils and concerns that Malaysian palm oil inventories could increase in October.

Also Read: Malaysia CPO Falls to RM4,687 on Oct. 28 as Rotterdam Drops US$20, KPBN Rises to IDR 15,100

According to Reuters, the benchmark January 2027 palm oil futures contract fell RM69 per ton, or 1.47%, to RM4,616 per ton (US$1,131.32).

The closing price was the contract’s lowest level since Oct. 9, 2026.

Competing vegetable oils also weakened. On the Dalian Commodity Exchange, the most-active soybean oil contract fell 0.71%, while the palm oil contract dropped 2.38%.

Also Read: Ateng Sutisna Urges Transparency in Palm Oil Funds and Stronger Environmental Enforcement

On the Chicago Board of Trade, soybean oil futures declined 1.46%.

The broader weakness in vegetable oils added pressure to the palm oil market as traders assessed supply prospects and the potential impact of rising inventories on prices.

KPBN Inacom Tender Prices — Oct. 29

KPBN Inacom tender prices on Thursday, excluding value-added tax (VAT), were as follows:

The decline in both the KPBN Inacom tender and Bursa Malaysia futures highlights the continued pressure facing the palm oil market as traders monitor October production, inventory levels and export demand across major producing countries. (T2)