InfoSAWIT, JAKARTA – The crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) was set at Rp15,220/kg on Wednesday (29/4/2026), marking an increase of Rp98/kg, or around 0.66 percent, compared to the highest bid price on Tuesday (28/4/2026), which stood at Rp15,122/kg.

Based on information obtained by InfoSAWIT from KPBN, the Franco Dumai CPO price was set at Rp15,220/kg. Meanwhile, the FOB Talang Duku CPO price was set at Rp15,020/kg. The Loco Parindu CPO price opened at Rp14,870/kg, but was later withdrawn (WD), with the highest bid recorded at Rp14,695/kg.

Crude palm oil (CPO) trading on the Bursa Malaysia Derivatives remained relatively limited on Wednesday (29/4/2026), amid mixed global market sentiment. Stronger global crude oil prices provided support for palm oil, but the appreciation of the Malaysian ringgit against the U.S. dollar limited upside potential.

According to Reuters, the benchmark July 2026 CPO contract on the Bursa Malaysia Derivatives Exchange slipped slightly by RM2 per ton, or around 0.04 percent, to RM4,534 per ton during the midday trading break. This relatively flat movement reflected a wait-and-see stance among market participants amid varied external factors.

In competing vegetable oil markets, the most active soyoil contract on the Dalian Commodity Exchange rose 0.25 percent, while the palm oil contract on the same exchange declined 0.21 percent. This indicates that the global vegetable oil market remains mixed, as traders continue to assess the balance between demand, supply, and developments in the global energy market.

As is well known, global palm oil prices are highly sensitive to movements in competing vegetable oils such as soybean oil, as both commodities compete intensely for market share in the global edible oil and bioenergy sectors.

On the currency front, the Malaysian ringgit strengthened by 0.03 percent against the U.S. dollar, making CPO relatively more expensive for buyers using foreign currencies. Exchange rate movements are often a key sentiment driver in Malaysian palm oil trading, as they directly affect export competitiveness.

Additional pressure also came from exports. Cargo surveyor data showed that Malaysia’s palm product exports during 1–25 April 2026 were estimated to fall between 15.7 percent and 16.8 percent compared to the same period in the previous month. This decline suggests that global demand remains under pressure, particularly from major importing countries grappling with high commodity price volatility and logistics costs.

KPBN Tender (Rp/kg), Excluding VAT, Wednesday (29/4/2026):

CPO_____

Franco Dumai: Rp15,220 – EUP

FOB Talang Duku: Rp15,020 – PRISCOLIN

Loco Parindu: Rp14,870 (WD) | Highest bid: Rp14,695 – EUP

Loco Kembayan: Rp14,770 (WD) | Highest bid: Rp14,670 – EUP

Loco Ngabang: Rp14,870 (WD) | Highest bid: Rp14,855 – EUP

PK_____

Franco Belawan: Rp15,652 – PHPO

(T2)