# KPBN CPO Price Withdrawn at IDR 14,548/kg on November 5 as Malaysia Futures Drop RM119

> All Indonesian KPBN crude palm oil tenders on November 5 ended in withdrawal, with the highest bid at IDR 14,548/kg for Franco Dumai, below the opening price. Malaysian January 2027 palm oil futures fell RM119 to RM4,377 per tonne, amid weaker Chicago soybean oil prices.

- Date: 2026-11-06 · published 2026-11-06T06:06:36.031Z
- Category: market · region Indonesia and Malaysia · magnitude low
- Page: https://feedsoft.ai/events/83364-kpbn-cpo-price-withdrawn-at-idr-14-548-kg-on-november-5-as-malaysia-futures
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Withdrawn tenders indicate limited buyer acceptance at offered levels, while falling soybean oil prices add competitive pressure on palm oil. Both factors point to near-term downside pressure on palm oil prices.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- palmoilmagazine.com: https://www.palmoilmagazine.com/cpo-price/2026/11/06/kpbn-cpo-price-withdrawn-at-idr-14548-kg-on-november-5-as-malaysia-futures-drop-rm119/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.