The unit of PT Astra International offered palm oil at target prices of 8,270 rupiah a kilogram, 8,370 rupiah, 8,440 rupiah and 8,570 rupiah, Astra Agro said in a tender result posted on its website. Buyers bid at 8,154 rupiah a kilogram, 8,250 rupiah, 8,356 rupiah and 8,506 rupiah, the company said in the statement.
Indonesia is the world’s largest producer of the commodity.
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