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Indonesia’s Kharisma Sells 5,250 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 5,250 metric tons of the 7,500 tons that 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.

===============================================================
Buyer                         Volume Commodity Price Terms
===============================================================
PT Multimas Nabati Asahan     1,000    CPO    9,188  FOB
                                                     Belawan
PT Multimas Nabati Asahan       500    CPO    9,188  Ex-factory
                                                     Medan/
                                                     Belawan
PT Wilmar Nabati Indonesia    1,000    CPO    9,188  FOB Dumai
PT Royal Industries Indonesia 1,000    CPO    8,923  FOB Tayan
PT Wilmar Nabati Indonesia      500    CPO    8,915  Ex-factory
                                                     Pi-Ting
PT Wilmar Nabati Indonesia      750    CPO    8,915  Ex-factory
                                                     Bunut
PT Wilmar Nabati Indonesia      500    CPO    8,883  Ex-factory
                                                     T. Lebar
===============================================================
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: James Poole at jpoole4@bloomberg.net

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