Indonesia’s Kharisma Sells 4,500 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 4,500 metric tons of the 8,000 tons it offered at an auction in Jakarta.

The following table lists the results of the sale today, 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.

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Buyer                       Volume Commodity Price Terms
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PT Musim Mas                   500    CPO    8,864 Ex-factory
                                                   Medan
PT Victorindo Alam Lestari   2,000    CPO    8,864 FOB Belawan
PT Multimas Nabati Asahan    1,000    CPO    8,864 Ex-factory
                                                   Belawan
PT Nagamas Palmoil Lestari   1,000    CPO    8,864 FOB Dumai
================================================================
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