InfoSAWIT, JAKARTA – Crude palm oil (CPO) prices at PT Kharisma Pemasaran Bersama Nusantara (KPBN) remained in withdrawn (WD) status on Friday (May 22, 2026), although the highest bid price increased by Rp92 per kilogram, or approximately 0.75%, compared to the previous trading session.

According to information obtained by InfoSAWIT from KPBN, the highest CPO bid price reached Rp12,377/kg, up from Rp12,285/kg recorded on Thursday (May 21, 2026).

For Franco Kuala Tanjung and Dumai, CPO opened at Rp15,040/kg before being withdrawn, with the highest bid recorded at Rp12,377/kg. Meanwhile, FOB Talang Duku opened at Rp14,840/kg and was also withdrawn after the highest bid reached Rp12,177/kg.

Other trading points showed similar conditions, with several tenders ending in withdrawal status amid lower bid offers from buyers.

At the same time, crude palm oil futures on the Bursa Malaysia Derivatives Exchange rebounded during Friday’s trading session, supported by bargain buying after earlier market pressure triggered by Indonesia’s newly announced palm oil export monitoring system earlier this week.

According to Reuters, the benchmark August 2026 CPO futures contract on Bursa Malaysia rose RM40 per ton, or around 0.9%, to RM4,498 per ton during the midday trading session.

The rebound also opened the possibility for Malaysian palm oil futures to post their first weekly gain after suffering losses for three consecutive weeks. As of Friday midday trading, CPO prices had gained approximately 1.76% on a weekly basis.

Meanwhile, competing vegetable oil markets showed mixed movements. The most active soybean oil contract on China’s Dalian exchange declined around 0.85%, while Dalian palm oil futures weakened 1.65%.

In contrast, soybean oil prices on the Chicago Board of Trade (CBOT) rose approximately 0.35%.

Market participants continued to monitor developments in Indonesia’s export policy as well as broader global vegetable oil market sentiment, which remains influenced by supply concerns, trade flows, and fluctuations in competing edible oil prices. (T2)