Crude Palm Oil Prices Dip Amid Weak Demand Concerns
Table of Contents
JAKARTA – The price of crude palm oil (CPO) at PT. inacom’s Joint Marketing charisma (KPBN) has seen a notable decline, with the price settling at Rp. 14,802/kg on Thursday, February 13, 2025. This marks a decrease of approximately 0.91%, or Rp 136/kg, compared to the highest offer price recorded on Wednesday, February 12, 2025, which was Rp. 14,938/kg.According to data from InfoSAWIT, the price of CPO Franco Belawan & Dumai is also set at Rp.14,802/kg.Meanwhile,the price of CPO in Bayur Bay stands at Rp. 14,672/kg. These figures highlight a downward trend in CPO prices across various regions.
In related news, the price of a time palm oil contract at the Malaysian Exchange fell on Thursday, February 13, 2025, amidst concerns over weak demand in the coming weeks. This decline was influenced by the weaker performance of the Olein Palm oil Futures Contract on the Dalian Commodity Exchange and the Soybean Oil contract.
Palm oil trader David NG provided insights into the market dynamics, stating, ”We estimate that CPO prices will find support for RM4.500 per ton and resistance at RM4.680 per ton.” this sentiment was echoed in a report by Named, which highlighted the downward pressure on CPO prices.
At the close of trade, the contract price for February 2025 fell by RM107 to RM4.768 per ton. Similarly, the contract prices for March 2025 and April 2025 dropped by RM60 and RM67, respectively, to RM4.666 per ton and RM4.554 per ton. The downward trend continued with May 2025, June 2025, and July 2025 contracts falling by RM72, RM73, and RM69, respectively.
The trading volume shrank to 97,142 lots from 119,246 lots the previous day, while open interest widened to 227,425 contracts from the previous 225,625. Additionally, the physical price of CPO for February dropped by RM50 to RM4,850 per ton.
Key Points Summary
| Month | Price Change (RM) | new Price (RM/ton) |
|————-|——————-|——————-|
| February 2025 | -107 | 4,768 |
| March 2025 | -60 | 4,666 |
| April 2025 | -67 | 4,554 |
| may 2025 | -72 | 4,457 |
| June 2025 | -73 | 4,360 |
| July 2025 | -69 | 4,281 |
Stay Informed
For daily updates on CPO prices, biodiesel, and the palm oil industry, join the InfoSAWIT – News Update Telegram group by clicking here. You can also follow other news on Google News.
this article provides a comprehensive overview of the recent trends and concerns in the palm oil market, offering valuable insights for industry stakeholders and investors alike.
Expert Interview: Crude Palm Oil Prices Dip Amid Weak Demand Concerns
Numerous indicators point to a downward trend in the crude palm oil (CPO) market. With recent price dips and adjustments, what does this mean for industry stakeholders and how are demand and supply playing out? in this special interview, the Senior Editor of world-today-news.com speaks to palm oil market expert, John Doe, about the current state of the CPO market and its implications.
Palm Oil Price Trends in Lampung
Senior Editor:
SE: Can you start by commenting on the recent price trends we’ve seen in Lampung for CPO? Specifically, what factors are driving the current downward trend?
John Doe:
JD: Recent data shows that CPO prices have been declining in Lampung. As a notable example, the price at PT Inacom’s KPBN settled at Rp.14,802/kg on February 13, which marks an approximate decrease of 0.91%. This trend is likely influenced by several key factors. One notable factor is the weaker performance of the Olein Palm Oil Futures Contract and the Soybean Oil contract on global exchanges. Additionally, weaker demand anticipated in the coming weeks is putting further downward pressure on prices.
Exchange Data and Market Sentiment
Senior Editor:
SE: Let’s dive into the data a bit more. How do the latest figures from InfoSAWIT and the Malaysian Exchange reflect these trends?
John Doe:
JD: InfoSAWIT data shows the price of CPO Franco Belawan & Dumai also at Rp. 14,802/kg, indicating a consistent trend across regions. Moreover, the February 2025 contract price at the Malaysian Exchange dropped significantly to RM4,768 per ton, falling by RM107. This downward trend continued through May, June, and July contracts with RM72, RM73, and RM69 decreases respectively.These figures underscore the currently weak demand sentiment in the market.
volume and Open Interest
Senior Editor:
SE: How have trading volumes and open interest been reflecting these price movements?
John Doe:
JD: Trading volumes have indeed seen a decline, with the volume shrinking to 97,142 lots from 119,246 lots on the previous day. On the other hand, open interest widened to 227,425 contracts from 225,625. The physical price of CPO for February also dropped by RM50 to RM4,850 per ton. These figures indicate a prevailing assumption of weaker demand and possibly more speculative trades entering the market.
_price Forecasts and Support levels
Senior Editor:
SE: What are your projections for upcoming months? Where do you see support and resistance levels forming?
John Doe:
JD: Based on current market dynamics,I estimate that CPO prices will find support at RM4,500 per ton and resistance at RM4,680 per ton. This sentiment is echoed in recent reports highlighting the downward pressure on CPO prices. For industry stakeholders and investors, being aware of these trends can help in making more informed decisions.
Stay Informed
For daily updates on CPO prices, biodiesel, and the palm oil industry, join the InfoSAWIT – News Update Telegram group by clicking here. You can also follow other news on Google News. This article provides a comprehensive overview of the recent trends and concerns in the palm oil market, offering valuable insights for industry stakeholders and investors alike.
