InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) was set at Rp15,250/kg on Tuesday (April 21, 2026), marking an increase of Rp55/kg or approximately 0.36% compared to Rp15,195/kg on Monday (April 20, 2026).

According to information obtained by InfoSAWIT from KPBN, the Franco Dumai price was set at Rp15,250/kg, while the FOB Talang Duku price stood at Rp15,050/kg.

Meanwhile, CPO trading on the Malaysian Derivatives Exchange strengthened for the second consecutive session on Tuesday, driven by rising prices of competing vegetable oils and support from Indonesia’s biodiesel policy. However, expectations of increased production limited further gains.

According to Reuters, the benchmark July 2026 CPO contract on the Bursa Malaysia Derivatives Exchange closed up RM63 per ton, or 1.44%, at RM4,561 per metric ton. During the session, prices had risen as much as 2.45%, reaching the highest level in more than a week before trimming gains.

In the Dalian market, the most active soybean oil contract rose 1.90%, while palm oil futures surged 3.33%. Soybean oil prices on the Chicago Board of Trade also increased by 0.62%.

In general, CPO prices follow the movement of competing vegetable oils due to competition in the global edible oil market.

From a fundamental perspective, Indonesia, the world’s largest CPO exporter, plans to increase its palm-based biodiesel blending mandate to 50% starting July 1, up from the current 40%. This policy is expected to reduce export supply in the global market.

KPBN Tender Prices (Rp/kg, excl. VAT) – April 21, 2026:

CPO Franco Dumai: Rp15,250

Loco PKS Sei Tapung: Rp15,011

FOB Talang Duku: Rp15,050

(T2)