CPO Prices at KPBN Inacom Rise by 0.69% on Monday (February 10), CPO Prices in Malaysia Increase

Doc. of InfoSAWIT/The office of PT. Kharisma Pemasaran Bersama Nusantara (KPBN).

InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at Rp. 14,639/kg on Monday (February 10, 2025). This marks an increase of 0.69%, or approximately Rp. 139/kg, compared to the CPO price on Friday (February 7, 2025), which was Rp. 14,500/kg.

According to information obtained by InfoSAWIT from KPBN, the CPO price for Franco Belawan & Dumai was set at Rp. 14,639/kg. The CPO price at Talang Bayur opened at Rp. 14,509/kg, with a withdrawal (WD) and the highest bid recorded at Rp. 14,489/kg.

Meanwhile, as reported by Reuters, palm oil futures prices on the Malaysian Exchange rose for the fourth consecutive session on Monday (February 10, 2025), following data from the Malaysian Palm Oil Board (MPOB) that indicated a decrease in stocks and expectations of increased demand, which bolstered bullish sentiment in the market.

The April 2025 palm oil futures contract on the Bursa Malaysia Derivatives Exchange increased by RM 9 per ton, or approximately 2.02%, closing at RM 4,595 (US$ 1,028.65) per metric ton.

It was noted that Malaysia's palm oil exports fell by 12.94% in January 2025, totaling 1.17 million tons, down from 1.34 million tons in December 2024, according to the industry performance report from MPOB.

In the report, MPOB noted that crude palm oil (CPO) production in January decreased by 16.80%, or 249,864 tons, to 1.24 million tons from 1.49 million tons in the previous month.

Additionally, the most active soybean oil contract in Dalian rose by 0.15%, while the palm oil contract increased by 1.87%. Conversely, soybean oil prices on the Chicago Board of Trade fell by 0.2%.

Here are the details of the KPBN Tender Results (Rp./Kg), Excluding VAT for the period of Monday (February 10, 2025):

CPO_____

Franco Belawan & Dumai: Rp. 14,639 -- MM, IBP

Franco Teluk Bayur: Rp. 14,509 (WD). Highest bid: Rp. 14,489 - WNI

CPKO_____

Franco Kuala Tanjung: Rp. 24,548 (WD). Highest bid: Rp. 24,113 - SDS

Loco Palembang: Rp. 24,184 (WD). Highest bid: Rp. 23,275 - IKIN

(T2)