KPBN CPO Tender Results: February 11, 2026
The Indonesian domestic market showed resilience today. The KPBN (Kharisma Pemasaran Bersama Nusantara) tender closed at IDR 14,388/kg, marking a steady increase of IDR 43 compared to the previous session. This uptick reflects a tightening of physical supply in the local market.
Bursa Malaysia (BMD) Market Performance
Parallel to the Indonesian market, the Bursa Malaysia Derivatives (BMD) experienced a significant technical rebound. The benchmark April 2026 contract surged by 65 points, closing at RM 4,160/MT. After several days of bearish pressure, the market successfully reclaimed the RM 4,100 psychological support level.
Market Drivers: What Pushed Prices Up Today?
- Technical Rebound: Traders engaged in “bargain hunting” after prices reached an oversold zone earlier this week.
- Inventory Shrinkage: Market sentiment was supported by reports of declining palm oil stocks in Malaysia, which fell by approximately 7.7%.
- Currency Dynamics: A fluctuating Malaysian Ringgit (MYR) against the US Dollar made CPO more attractive to international buyers, boosting export demand.