Indonesia’s PT Kharisma Sells 7,000 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 7,000 metric tons of the 12,500 tons of the commodity it offered at an auction in Jakarta today.

The following table lists the results of the sale, based on a faxed statement. The volumes are given in metric tons, while prices are in rupiah per kilogram unless stated otherwise.

Indonesia is the world’s largest producer of palm oil.

================================================================
Buyer                         Volume Commodity Price Terms
================================================================
PT Victorindo Alam Lestari    3,000     CPO    8,341 Ex-factory
                                                     Belawan
PT Nagamas Palmoil Lestari    3,000     CPO    8,341 Ex-factory
                                                     Dumai
PT Sinar Alam Permai          1,000     CPO    8,191 FOB B. Baru
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Eko Listiyorini in Jakarta at elistiyorini@bloomberg.net

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net

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