Indonesia’s 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 15,250 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 including a 10 percent value added tax, unless stated otherwise.

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

================================================================
Buyer                       Volume Commodity Price Terms
================================================================
PT Musim Mas                 3,500    CPO    7,923 Ex-factory
                                                   Medan/Belawan
PT Inti Benua Perkasatama    2,000    CPO    7,923 Ex-factory
                                                   Dumai
PT Wira Inno Mas             1,500    CPO    7,718 Ex-factory
                                                   Ophir
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Yoga Rusmana in Jakarta at yrusmana@bloomberg.net

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

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