Indonesia’s Kharisma Sells 9,000 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 9,000 metric tons of 13,000 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 Musim Mas                 3,000    CPO    7,752 Ex-factory
                                                   Belawan/Medan
PT Multimas Nabati Asahan    1,000    CPO    7,752 FOB Belawan
PT Wilmar Nabati Indonesia   3,000    CPO    7,752 FOB Dumai
PT Musim Mas                   500    CPO    7,752 FOB Belawan
PT Multimas Nabati Asahan    1,500    CPO    7,752 Ex-factory
                                                   Belawan
================================================================
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

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.