InfoSAWIT, JAKARTA – Crude palm oil (CPO) trading at PT Kharisma Pemasaran Bersama Nusantara (KPBN Inacom) continued to face withdrawals on Tuesday (26/5/2026), even as palm oil futures on Bursa Malaysia Derivatives closed higher amid stronger global energy prices and weaker Malaysian production prospects.
Based on market data obtained by InfoSAWIT, the highest CPO offer at KPBN reached Rp12,400 per kilogram, representing an increase of Rp67/kg or around 0.54% from Monday’s highest offer of Rp12,333/kg. Despite the improvement, several tenders remained withdrawn (WD).
For Franco Dumai delivery, CPO opened at Rp14,885/kg but was later withdrawn, with the highest bid standing at Rp12,400/kg. FOB Talang Duku opened at Rp14,685/kg and was also withdrawn, attracting a top offer of Rp12,377/kg.
Other trading points reflected similar conditions. Franco Kuala Tanjung opened at Rp14,885/kg before withdrawal with the best bid at Rp12,400/kg, while Franco Teluk Bayur and several inland locations in West Kalimantan also experienced withdrawn tenders.
Bursa Malaysia Futures Post Broad Gains
While domestic tender activity remained subdued, Malaysia’s CPO futures market moved in the opposite direction.
According to Bernama, palm oil futures on Bursa Malaysia Derivatives settled higher on Tuesday, supported by rising crude oil prices and expectations of softer Malaysian palm oil production. According to Reuters, as published online by Bernama, stronger energy prices and supply concerns continued to underpin market sentiment.
At the close of trading, the June 2026 contract gained RM19 to RM4,429 per tonne. July 2026 rose RM20 to RM4,466 per tonne, while August 2026 advanced RM23 to RM4,496 per tonne.
The September 2026 contract climbed RM29 to RM4,522 per tonne, followed by October 2026, which added RM36 to RM4,553 per tonne. November 2026 recorded the strongest increase, rising RM37 to RM4,581 per tonne.
Trading activity also strengthened, with volume increasing to 63,916 lots compared with 57,304 lots recorded on Monday. Open interest improved to 284,109 contracts from 282,395 contracts previously.
The divergent movement between withdrawn domestic tenders and stronger Malaysian futures highlights ongoing uncertainty in Indonesia’s physical CPO market, while global traders continue focusing on supply conditions and developments in energy markets. (T2)
