KPBN CPO Price Withdrawn at IDR 14,548/kg on November 5 as Malaysia Futures Drop RM119

All KPBN CPO tenders in Dumai, Talang Duku and Teluk Bayur ended in withdrawals (WD), with the highest bid reaching IDR 14,548/kg for Franco Dumai. Meanwhile, Malaysia’s January 2027 CPO futures contract fell RM119 to RM4,377 per tonne, pressured by weaker soybean oil prices in Chicago.

PALMOILMAGAZINE, JAKARTA — Indonesia’s crude palm oil (CPO) prices at the PT Kharisma Pemasaran Bersama Nusantara (KPBN) tender on Thursday (November 5, 2026) ended in withdrawals (WD) across all offering locations, reflecting the absence of concluded transactions in the domestic market.

The highest bid for Franco Dumai reached IDR 14,548 per kilogram, below the opening price of IDR 14,630/kg.

Also Read: Indonesia Cuts November 2026 CPO Reference Price 6.07% to US$978.90/MT, Sets Export Duty at US$124

At other locations, the FOB Talang Duku tender opened at IDR 14,380/kg, with the highest bid reaching IDR 14,239/kg before the tender was withdrawn. Franco Teluk Bayur opened at IDR 14,430/kg, while its highest bid stood at IDR 14,160/kg. Both tenders also ended in WD.

The withdrawal trend extended to crude palm kernel oil (CPKO). The FOB Lampung tender opened at IDR 29,336/kg, with the highest bid at IDR 27,750/kg. Meanwhile, FOB Palembang opened at IDR 29,166/kg, with the highest bid reaching IDR 27,700/kg.

Also Read: Indonesia’s DSI Says Single Export Gateway Will Strengthen Palm Oil Trade Ahead of 2027 Launch

Malaysia CPO Futures Slide Across All Contracts

Pressure also spread to the international market, where Malaysian palm oil futures closed sharply lower on Thursday (November 5, 2026), weighed down by declining soybean oil futures on the Chicago Board of Trade (CBOT).

According to Bernama, the November 2026 CPO contract dropped RM174 to RM4,126 per tonne. The December 2026 contract declined RM128 to RM4,279 per tonne, while the January 2027 contract fell RM119 to RM4,377 per tonne.

Also Read: RSPO, CPOPC and Kadin Strengthen Sustainable Palm Oil Collaboration

Further losses were recorded across the forward curve. The February 2027 contract declined RM114 to RM4,462 per tonne, while March 2027 fell RM111 to RM4,533 per tonne. The April 2027 contract also weakened, shedding RM109 to RM4,587 per tonne.

The broad-based decline highlighted the pressure facing Malaysian palm oil futures as movements in competing vegetable oils continued to influence market sentiment.

Also Read: RSPO RT2026 Addresses Indonesia Fires, Single Export Gate, and Smallholder Inclusion

KPBN Tender Results — Thursday, November 5, 2026

The following are the KPBN tender results in Indonesian rupiah per kilogram, excluding value-added tax (VAT).

Crude Palm Oil (CPO)

Crude Palm Kernel Oil (CPKO)

The movements in Malaysian palm oil futures, soybean oil prices on the CBOT and domestic KPBN tender results remain important indicators for Indonesia’s palm oil industry as market participants navigate changing conditions in the global vegetable oil trade. (P3)