PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) prices moved in opposite directions across international and domestic markets on Tuesday (July 28, 2026). While Malaysian palm oil futures declined for a second consecutive trading session, Indonesia’s domestic CPO market recorded higher bids in the latest tender held by PT Kharisma Pemasaran Bersama Nusantara (KPBN). The decline was driven by weaker prices for competing vegetable oils, particularly soybean oil, alongside softer crude oil prices, both of which weighed on sentiment across the global edible oils market. The stronger bidding in the KPBN tender suggests domestic demand remains relatively firm despite continued pressure on international palm oil prices. Market participants will continue monitoring movements in rival vegetable oil prices, energy markets, and demand prospects from major importing countries, as these factors are expected to shape the direction of global CPO prices in the coming days.