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Indonesia’s Kharisma Sells 4,000 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold the entire 4,000 metric tons of the commodity 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 Musim Mas                2,000    CPO    9,126 FOB Belawan
PT Musim Mas                  500    CPO    9,126 Ex-factory
                                                  Belawan
PT Wilmar Nabati Indonesia  1,000    CPO    9,126 FOB Dumai
PT Sinar Alam Permai          500    CPO    8,906 Ex-factory
                                                  Ophir
================================================================
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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