InfoSAWIT, JAKARTA — Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) recorded a slight increase on Monday (28/7/2025). KPBN set the CPO price at Rp14,494/kg, marking a gain of Rp44/kg or 0.3% compared to the highest bid price on Friday (25/7/2025), which stood at Rp14,450/kg.

Based on information obtained by InfoSAWIT from KPBN, the Franco Belawan and Dumai CPO prices were both set at Rp14,494/kg, while Loco Kembayan was priced at Rp14,044/kg.

Meanwhile, on the international front, Malaysian palm oil futures extended their decline into a second straight session on Monday. According to Reuters, prices were under pressure from weaker competing edible oils and concerns over rising output and stock levels.

The benchmark CPO contract for October delivery on the Bursa Malaysia Derivatives Exchange (BMD) fell by RM31, or 0.73%, to RM4,242 per metric ton at midday break—equivalent to US$1,005.69 per ton.

In the Dalian Commodity Exchange, the most active soyoil contract slipped 0.61%, while palm oil futures dropped 0.89%. Likewise, soyoil prices on the Chicago Board of Trade (CBOT) edged down by 0.32%.

Palm oil prices are highly sensitive to movements in competing edible oils, as they all vie for a share of the global vegetable oil market.

On the other hand, global crude oil prices rose after the United States struck a trade agreement with the European Union and is reportedly considering an extension of its tariff suspension with China. This development helped ease fears over a global economic slowdown and could potentially boost fuel demand.

Higher crude oil prices typically enhance the appeal of palm oil as a feedstock for biodiesel, potentially providing some upside for CPO prices.

However, from an export perspective, cargo surveyors estimated that Malaysian palm oil product exports from July 1–25 declined between 9.2% and 15.2% compared to the same period in June.

Meanwhile, the Malaysian ringgit—the currency used in CPO trade—was seen holding steady against the U.S. dollar during Monday’s session.

KPBN CPO Tender Results (Rp/kg, excl. VAT) – Monday (28/7/2025):

CPO_____

Franco Belawan & Dumai: Rp14,494 – UNILEVER, IBP

Loco Kembayan: Rp14,044 – EUP

Loco Pelaihari: Rp13,940 (Withdrawn). Highest bid: Rp13,289 – WNI

(T2)