News

GIMNI Weekly: Indonesian palm and vegetable oil market & policy, 10–16 October 2026

16 Oct 2026

Indonesia’s palm and vegetable oil market ended the week with firmer exchange-traded CPO and Jakarta olein prices than the previous comparison date, while national cooking-oil averages were broadly steady. Market enforcement and distribution remained in focus for Minyakita, and August palm-product exports recorded stronger volume and value. GIMNI’s coverage also highlighted water accounting, pollination, processing technology, quality assurance and precision-agriculture skills.

Prices

  • Nearest-contract ICDX CPO futures were IDR 15,060/kg on 15 October, up IDR 205/kg or 1.38% from IDR 14,855/kg on 8 October, according to GIMNI’s CPO price dataset.
  • Jakarta spot olein was IDR 18,172/kg on 15 October, up IDR 622/kg or 3.54% from IDR 17,550/kg on 8 October, according to GIMNI’s CPO and olein observations.
  • The national average Minyakita price was IDR 15,712.57/litre on 16 October, unchanged from 9 October and IDR 12.57/litre above the IDR 15,700/litre maximum retail price (HET), according to GIMNI’s cooking-oil price dataset.
  • National premium cooking oil averaged IDR 23,875.26/litre on 16 October, down 0.06% from 9 October, while bulk cooking oil averaged IDR 19,261.30/litre, down 0.09% over the same comparison, according to GIMNI’s cooking-oil observations.

Policy & regulation

Trade & exports

Industry & sustainability

GIMNI Weekly is published every Friday. Prices and regulations: CPO prices, cooking oil prices, regulations.

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