InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was set at Rp14,360/kg on Thursday (July 17, 2025), reflecting a modest increase of approximately Rp10/kg or 0.07% compared to the CPO price of Rp14,350/kg on Wednesday (July 16, 2025).
According to information obtained by InfoSAWIT from KPBN, the price for CPO Franco Belawan & Dumai was established at Rp14,360/kg, while the CPO FOB Talang Duku price was set at Rp14,160/kg.
Meanwhile, as reported by Reuters, crude palm oil (CPO) prices on Bursa Malaysia experienced a slight decline on Thursday (July 18, 2025), erasing some of the gains made in the previous session. This drop was attributed to profit-taking following reports of weak palm oil exports for the first half of July.
The benchmark palm oil contract for October delivery on the Malaysian Derivatives Exchange fell by RM14, or approximately 0.33%, to RM4,210 (US$991.29) per metric ton in afternoon trading.
The price decline followed reports from two major cargo surveyors indicating a slowdown in Malaysia's palm oil exports. According to AmSpec Agri Malaysia, palm oil exports from July 1 to 15 decreased by 5.3% compared to the same period last month. Meanwhile, Intertek Testing Services (ITS) reported a sharper decline of 6.2%.
This data suggests a slowdown in global demand, particularly from major importing countries such as India and China. Previously, the market had received support from positive price sentiment and supply concerns due to weather factors.
In the global market, prices for other vegetable oils also exhibited mixed movements. Soybean oil prices on the Chicago Board of Trade dipped slightly by 0.05%, while the most active soybean oil contract in Dalian rose by 0.12%. However, the palm oil contract in Dalian fell by 0.11%, reflecting the widespread negative sentiment in the vegetable oil market.
Here are the details of the KPBN Tender results (Rp./Kg), Excld VAT for the period of Thursday (July 17, 2025):
CPO_____
Franco Belawan & Dumai: Rp14,360 - UNILEVER, ARM, AGM
FOB Talang Duku: Rp14,160 - AGM
(T2)
