InfoSAWIT, JAKARTA – The crude palm oil (CPO) price set by PT Kharisma Pemasaran Bersama Nusantara (KPBN) increased on Wednesday (March 11, 2026).

The CPO reference price was recorded at Rp15,375/kg, up Rp100/kg or around 0.65% compared with the highest bid price on Tuesday (March 10), which stood at Rp15,275/kg.

Based on information obtained by InfoSAWIT from KPBN, the tender prices were set at Rp15,375/kg for Franco Dumai, Rp15,245/kg for Franco Teluk Bayur, and Rp15,175/kg for FOB Talang Duku.

Meanwhile, trading of palm oil futures on the Malaysian market also ended higher.

According to Reuters, the benchmark palm oil contract for May 2026 delivery on the Bursa Malaysia Derivatives Exchange rose RM71 per ton, or about 1.6%, to RM4,499 per ton at the close. Earlier in the session, prices had dropped to RM4,395 per ton.

The increase followed gains in rival edible oils, with soyoil futures on the Chicago Board of Trade (CBOT) rising 3.11%.

Soyoil futures on China’s Dalian Commodity Exchange climbed 0.68%, while palm oil futures on the same exchange rose 0.51% after earlier declines.

On the export front, Malaysian palm oil shipments during March 1–10 surged significantly. Independent inspection company AmSpec Agri Malaysia reported exports rising 45.3% compared with the same period in February.

Cargo surveyor Intertek Testing Services also recorded export growth of 37.9% during the same period. (T2)