InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) was set at Rp 15,195/kg on Monday (April 20, 2026), marking an increase of Rp 95/kg or about 0.63% compared to the highest bid price on Friday (April 17, 2026), which stood at Rp 15,100/kg.

According to information obtained by InfoSAWIT from KPBN, the Franco Dumai CPO price was set at Rp 15,195/kg, while the FOB Talang Duku price was set at Rp 14,995/kg.

Meanwhile, CPO trading on the Bursa Malaysia Derivatives Exchange recorded gains again on Monday (April 20, 2026), supported by a sharp rise in global crude oil prices and positive movements in competing vegetable oils in the global market.

As reported by Reuters, the benchmark CPO futures contract for July 2026 delivery on the Bursa Malaysia Derivatives Exchange rose by RM34 per ton, or about 0.76%, reaching RM4,484 per ton during the midday trading break.

Additional positive sentiment also came from other vegetable oil markets. The Dalian exchange in China showed a recovery after previous declines, while soybean oil prices in Chicago were mixed but remained supported by rising energy prices.

Global crude oil prices surged by more than 5% on the same day, driven by market concerns over the potential collapse of a ceasefire between the United States and Iran, following the seizure of an Iranian cargo vessel by U.S. authorities. This situation also disrupted traffic in the Strait of Hormuz, one of the world’s key energy routes.

The increase in crude oil prices has boosted the attractiveness of CPO as a biodiesel feedstock, thereby supporting demand in the alternative energy market.

On the other hand, the most active soybean oil contract in Dalian edged up by 0.06%, while its palm oil contract rose by 0.34%. On the Chicago Board of Trade, soybean oil prices also recorded an increase of 0.81%.

KPBN Tender Results (Rp/kg, excl. VAT) – Monday (April 20, 2026):
CPO:

Franco Dumai: Rp 15,195 – EUP

FOB Talang Duku: Rp 14,995 – PSCO

(T2)