Indonesia’s Kharisma Sells 13,000 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 13,000 metric tons of the 20,750 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                 1,750    CPO    8,105 Ex-factory
                                                   Medan/Belawan
PT Multimas Nabati Asahan    4,250    CPO    8,105 Ex-factory
                                                   Medan/Belawan
PT Wilmar Nabati Indonesia   3,500    CPO    8,105 Ex-factory
                                                   Dumai
PT Wilmar Nabati Indonesia   1,000    CPO    8,028 FOB Siak
PT Sinar Alam Permai         2,000    CPO    7,955 FOB B. Baru
PT Sinar Alam Permai           500    CPO    7,900 Ex-factory
                                                   Ophir
================================================================
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: Richard Dobson at rdobson4@bloomberg.net

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