Indonesia’s Kharisma Sells 4,750 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 4,750 metric tons of the 10,750 tons of the commodity it offered at 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                   500    CPO    8,535 Ex-factory
                                                   Medan
PT Multimas Nabati Asahan    1,500    CPO    8,535 FOB Belawan
PT Multimas Nabati Asahan    1,000    CPO    8,535 Ex-factory
                                                   Belawan
Hidreen Palm International     750    CPO    8,315 Ex-factory
                                                   Ophir
PT Sinar Laut                1,000    CPO    8,385 FOB Panjang
================================================================
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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