Indonesia’s Kharisma Sells 8,500 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 8,500 metric tons of 15,500 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 Wilmar Nabati Indonesia  4,000    CPO    8,408 FOB Dumai
PT Wilmar Nabati Indonesia    500    CPO    8,408 Ex-factory
                                                  Dumai
PT Wilmar Nabati Indonesia  2,000    CPO    8,331 FOB Siak
PT Sinar Alam Permai        1,000    CPO    8,258 FOB Boom Baru
Royal Industries Indonesia  1,000    CPO    8,143 FOB Tayan
================================================================
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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