InfoSAWIT, JAKARTA – Crude Palm Oil (CPO) trading at PT Kharisma Pemasaran Bersama Nusantara (KPBN) ended in withdrawal (WD) on Thursday (April 30, 2026), with the highest bid recorded at Rp15,400/kg, representing an increase of Rp180/kg or around 1.18% compared to Wednesday’s price of Rp15,220/kg.

According to market data obtained by InfoSAWIT from KPBN, Franco Dumai CPO opened at Rp15,450/kg, but the tender was withdrawn after the highest bid reached Rp15,400/kg. Meanwhile, FOB Talang Duku opened at Rp15,250/kg before being withdrawn at a top offer of Rp15,112/kg, while Loco Parindu opened at Rp15,100/kg and ended in withdrawal with the highest bid at Rp14,787/kg.

Additional tenders also ended in withdrawal, including Loco Kembayan with a top bid of Rp14,762/kg, and Loco Ngabang at Rp14,947/kg.

For Palm Kernel Oil (CPKO), Franco Dumai opened at Rp33,509/kg before being withdrawn at Rp33,200/kg, Lampung at Rp32,100/kg, and Palembang at Rp32,200/kg.

Meanwhile, on the Bursa Malaysia Derivatives Exchange, CPO futures closed lower on Thursday as traders adopted a cautious stance ahead of an extended holiday period, which is expected to dampen market activity.

Reported by Bernama, sentiment weakened further as traders reduced risk exposure, particularly due to the longer holiday closure of China’s Dalian Commodity Exchange (DCE).

The May 2026 contract slipped RM1 to RM4,504/ton, while June 2026 declined RM5 to RM4,540/ton, and July 2026 fell RM8 to RM4,570/ton.

The August 2026 contract dropped RM16 to RM4,588/ton, September 2026 fell RM22 to RM4,599/ton, and October 2026 declined RM20 to RM4,609/ton.

Despite weaker prices, trading activity increased significantly, with volume rising to 84,955 lots from 73,968 lots previously, while open interest climbed to 259,891 contracts from 256,779 contracts.

In the physical market, South May shipment CPO eased RM10 to RM4,550/ton. (T2)