InfoSAWIT, JAKARTA – The price of Crude Palm Oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) was set at Rp 14,901/kg on Wednesday (8/10/2025). This marks a significant increase of Rp 150/Kg, or about 1.02%, compared to the CPO price on Tuesday (7/10/2025), which reached Rp 14,751/Kg.

According to information obtained by InfoSAWIT from KPBN, the CPO price Franco Dumai was set at Rp 14,901/Kg. The CPO price FOB Talang Duku was set at Rp 14,701/Kg, and the CPO price Franco Teluk Bayur was set at Rp 14,771/Kg.

Meanwhile, Reuters reported that palm oil futures trading on the Bursa Malaysia strengthened by more than 1% on Wednesday (8/10), driven by rising soybean oil (soyoil) and world crude oil prices, which triggered short covering among market participants.

The benchmark palm oil futures contract for December 2025 delivery on the Bursa Malaysia Derivatives Exchange rose by RM 60 per ton, or about 1.34%, to RM 4,530 per ton (equivalent to US$1,074.22) in the midday session. This marks the highest position since August 18, 2025.

The surge in world crude oil prices occurred after investors shrugged off oversupply concerns following the OPEC+ decision to hold back on its planned production increase for the upcoming month. The rise in crude oil prices also makes palm oil more attractive as a biodiesel feedstock.

From Indonesia, the government reaffirmed its plan to continue the implementation of B50 biodiesel—a blend of 50% palm oil-based biofuel—by 2026. This step is expected to curb diesel imports and strengthen national energy resilience.

In the global market, soyoil prices on the Chicago Board of Trade were up 0.33%, while the Dalian Commodity Exchange in China remained closed due to a national holiday from October 1 to 8. (T2)