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Indonesia’s Kharisma Sells 8,000 Tons of Crude Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 8,000 metric tons of the 23,000 tons of the commodity it offered at an auction in Jakarta.

The following table lists the result 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 Victorindo Alam Lestari 4,000    CPO    8,300 FOB Dumai
PT Wilmar Nabati Indonesia 2,000    CPO    8,140 Ex-factory
                                                 Talang Duku
PT Sinar Alam Permai       1,000    CPO    8,190 FOB Palembang
PT Aman Jaya Perdana       1,000    CPO    8,190 FOB Lampung
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Fitri Wulandari in Jakarta at fwulandari@bloomberg.net

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net

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