Indonesia’s Kharisma Sells 20,000 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 20,000 metric tons of 25,500 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 Musim Mas                6,000     CPO    8,448 FOB Belawan
PT Musim Mas                1,000     CPO    8,448 Ex-factory
                                                   Medan
PT Musim Mas                3,000     CPO    8,448 Ex-factory
                                                   Medan/Belawan
PT Intibenua Perkasatama    7,000     CPO    8,448 FOB Dumai
PT Musim Mas                2,000     CPO    8,288 Ex-factory
                                                   Talang Duku
PT Indokarya Internusa      1,000     CPO    8,298 FOB Palembang
================================================================
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: Jake Lloyd-Smith at jlloydsmith@bloomberg.net

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