Indonesia’s PT Kharisma Sells 5,500 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 5,500 metric tons of the 7,000 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 Musim Mas                3,500     CPO    9,232 Ex-factory
                                                   Medan/
                                                   Belawan
PT Musim Mas                1,000     CPO    9,177 FOB Siak
PT Musim MAs                  500     CPO    8,959 Ex-factory
                                                   Bunut
PT Wira Inno Mas              500     CPO    9,012 Ex-factory
                                                   Ophir
===============================================================
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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