PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) remained unchanged at Rp14,650/kg on Wednesday (Sept 3, 2025), the same level as recorded on Tuesday (Sept 2, 2025).
According to information obtained by beige-heron-208544.hostingersite.com from KPBN, the CPO Franco Belawan & Dumai price was set at Rp14,650/kg. Meanwhile, Loco Pelaihari opened at Rp14,096/kg but ended with a withdraw (WD) after the highest bid only reached Rp13,556/kg.
Reuters reported that CPO futures on the Bursa Malaysia Derivatives Exchange weakened on Wednesday, tracking losses in other vegetable oils and global crude oil prices. Technical pressure from the failure to break through key psychological resistance levels also weighed on the market.
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The benchmark CPO futures contract for November 2025 delivery slipped by RM42 per ton, or 0.94%, to RM4,434 (US$1,054.46) per ton at the midday break. This came after a 2.19% gain in the previous session.
Palm oil futures in both Malaysia and Dalian failed to surpass their respective key levels of RM4,500 and 9,500 yuan. Meanwhile, the most active soybean oil contract in Dalian (DBYcv1) eased 0.12%, and palm oil futures on the same exchange fell 0.89%. Soybean oil on the Chicago Board of Trade also dropped 0.44%, adding further pressure to the global palm oil market.
KPBN Tender Results (Rp/kg, excl. VAT) for Wednesday, Sept 3, 2025:
- CPO Franco Belawan & Dumai: Rp14,650 – EUP, EOP
- Loco Pelaihari: Rp14,096 (Withdraw). Highest bid: Rp13,556 – WNI. (P2)
