Indonesia’s Kharisma Sells 14,000 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 14,000 metric tons of 19,500 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 Multimas Nabati Asahan  4,500     CPO    8,442 FOB Belawan
PT Multimas Nabati Asahan  2,000     CPO    8,442 Ex-factory
                                                  Medan/Belawan
PT Wilmar Nabati Indonesia 5,000     CPO    8,442 FOB Dumai
PT Wilmar Nabati Indonesia   500     CPO    8,442 Ex-factory
                                                  Sosa/Dumai
PT Wilmar Nabati Indonesia 2,000     CPO    8,365 FOB Siak
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Eko Listiyorini in Jakarta at elistiyorini@bloomberg.net

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

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