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Indonesia’s Kharisma Sells 6,000 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 6,000 metric tons of 8,000 tons of the commodity 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 SMART                      2,000    CPO    9,448 FOB Belawan
PT SMART                      2,000    CPO    9,448 FOB Dumai
PT SMART                      1,000    CPO    9,448 Ex-factory
                                                    Belawan
PT Musim Mas                  1,000    CPO    9,371 FOB Siak
================================================================
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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