Astra Agro Sells 8,000 Tons of Palm Oil in Auction
By Yoga Rusmana -
2012-05-08T09:52:41Z
PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 8,000 metric tons of 10,000 tons of palm oil it offered at an auction in Jakarta.
The following table lists the results of the sale today, based on an e-mailed statement. The volumes are given in metric tons, while prices are in rupiah per kilogram including 10 percent for value-added taxes, unless stated otherwise.
Indonesia is the world’s largest producer of the commodity.
================================================================ Buyer Volume Commodity Price Terms ================================================================ PT Nagamas Palmoil Lestari 2,000 CPO 9,215 FOB Dumai PT SMART 2,000 CPO 8,955 FOB Tg. Bakau PT Asianagro Agungjaya 3,000 CPO 9,065 FOB Bumiharjo PT Ecogreen Oleochemicals 1,000 PKO 9,950 FOB Baatan ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board PKO: Palm Kernel Oil
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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