PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 5,500 metric tons of the 11,000 tons of the commodity it offered at an auction in Jakarta today.
PT Astra Agro Lestari, the country’s largest listed plantation company by market value, withdrew 6,000 tons of palm oil in a separate auction.
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 3,000 CPO 8,703 Ex-factory Belawan PT Inti Benua Perkasatama 1,500 CPO 8,703 Ex-factory Dumai PT Aman Jaya Perdana 1,000 CPO 8,550 Ex-factory Palembang/ Lampung ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board
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