Indonesia’s Kharisma Sells 10,000 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 10,000 metric tons of 15,500 tons of the commodity it offered at an auction in Jakarta.

The company sold 16,500 metric tons of the crude palm oil yesterday at a highest price of 8,252 rupiah per kilogram ($860 a ton) from Belawan dan Dumai port in Sumatera.

The following table lists the result of the sale today, based on a statement posted on its website. 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 Berlian E. S. T.         4,500      CPO   8,203 FOB Belawan
PT Berlian E. S. T.         1,500      CPO   8,203 Ex-factory
                                                   Medan/Belawan
PT Nagamas Palmoil Lestari  2,000      CPO   8,203 FOB Dumai
PT Wilmar Nabati Indonesia  1,000      CPO   8,043 Ex-factory
                                                   Talang Duku
Karya Indah Alam Sejahtera  1,000      CPO   7,938 FOB Tayan
================================================================
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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.