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

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 14,000 metric tons of 20,500 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                 2,000    CPO    8,240 Ex-factory
                                                   Medan/Belawan
PT Musim Mas                 3,500    CPO    8,240 FOB Belawan
PT Inti Benua Perkasatama    5,000    CPO    8,240 FOB Dumai
PT Inti Benua Perkasatama      500    CPO    8,240 Ex-factory
                                                   Dumai
PT Musim Mas                 2,000    CPO    8,080 Ex-factory
                                                   Talang Duku
PT Indokarya Internusa       1,000    CPO    8,090 FOB Boom Baru
================================================================
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: Jake Lloyd-Smith at jlloydsmith@bloomberg.net

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