InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at Rp13,730/kg on Monday (June 23, 2025), reflecting an increase of Rp75/kg or approximately 0.55% compared to the CPO price on Friday (June 20, 2025), which was Rp13,655/kg.
According to information obtained by InfoSAWIT from KPBN, the CPO price for Franco Belawan & Dumai was set at Rp13,730/kg, while the price for Franco Teluk Bayur was set at Rp13,600/kg.
Meanwhile, Reuters reported that the price of crude palm oil (CPO) on the Malaysian Exchange saw a slight increase at the close of trading on Monday (June 23, 2025), after experiencing pressure at the beginning of the session. This price increase was driven by rising global crude oil prices and a weakening Malaysian ringgit, making CPO more attractive to foreign buyers.
The benchmark CPO futures contract for September 2025 (code FCPOc3) rose by 7 ringgit or about 0.17%, reaching 4,125 ringgit per metric ton, equivalent to US$961.09. This increase marks a strengthening trend over four consecutive sessions, reflecting positive sentiment in the market despite ongoing pressure from competing vegetable oil prices. A trader based in Kuala Lumpur explained that the surge in crude oil prices during Asian trading hours helped mitigate downward pressure from the Chinese vegetable oil market.
"Although Dalian palm olein weakened, higher crude oil prices and a weaker ringgit have provided support for the CPO market," the trader stated.
In the international market, the most active soyoil contract in Dalian (code DBYcv1) fell by 0.44%, while the Dalian palm oil contract (DCPcv1) decreased by 0.33%. Conversely, soybean oil prices on the Chicago Board of Trade (CBOT) rose by 0.59%.
The weakening ringgit exchange rate also plays a crucial role in supporting CPO prices, as it makes Malaysian CPO more competitive for foreign buyers, particularly from India and China, which are key markets.
Here are the details of the KPBN Tender Results (Rp./Kg), Excld VAT for the period of Monday (June 23, 2025):
CPO______
Franco Belawan & Dumai Rp13,730-MM, IBP
Franco Teluk Bayur Rp13,600-WIM
(T2)
