InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom experienced a withdrawal (WD) with the highest bid price reaching Rp15,108/kg on Thursday (March 13, 2025). This marks an increase of 0.22% or approximately Rp33/kg compared to the CPO price on Wednesday (March 12, 2025), which was Rp15,075/kg.

According to information obtained by InfoSAWIT from KPBN, the CPO price for Franco Dumai opened at Rp15,150/kg, but it was subsequently withdrawn (WD) with the highest bid price at Rp15,108/kg.

Meanwhile, as reported by Reuters, the futures contract price for palm oil on Bursa Malaysia rose on Thursday (March 13, 2025), supported by lower production levels, although ongoing concerns about demand from major importing countries limited the increase.

The benchmark futures contract price for palm oil, FCPOc3, for delivery in May 2025 on the Bursa Malaysia Derivatives Exchange rose by RM46 per ton, or approximately 1.03%, reaching RM4,533 (US$1,023.71) per metric ton at midday. This contract had previously declined by 2.98% over the last three sessions.

Additionally, the most active soybean oil contract on Dalian, DBYcv1, increased by 0.76%, while the palm oil contract, DCPcv1, rose by 0.64%. Conversely, soybean oil prices on the Chicago Board of Trade (CBOT), BOcv1, fell by 0.19%.

Here are the details of the KPBN Tender results (Rp./Kg), excluding VAT for the period of Thursday (March 13, 2025):

CPO_____
Franco Dumai: Rp15,150 (WD). Highest bid: Rp15,108-AGM
Loco Pelaihari: Rp14,596 (WD). Highest bid: Rp14,000-WNI

CPKO_____
Loco Palembang: Rp26,890 (WD). Highest bid: Rp22,850-SAP

PK_____
Loco T.Lebar: Rp12,514 (WD). Highest bid: Rp11,150-AHB
(T2)