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Indonesia’s 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 10,500 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 Nagamas Palmoil Lestari    2,000    CPO    9,416 FOB Dumai
PT Nagamas Palmoil Lestari    1,000    CPO    9,339 FOB Siak
PT Wilmar Nabati Indonesia    1,500    CPO    9,256 Ex-factory
                                                    Talang Duku
PT Tunas Baru Lampung         1,000    CPO    9,266 Ex-factory
                                                    Lampung
================================================================
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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