Indonesia’s Kharisma Sells 7,500 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 7,500 metric tons of 12,000 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                1,000     CPO    8,275 Ex-factory
                                                   Medan
PT Musim Mas                1,000     CPO    8,275 FOB Belawan
PT Musim Mas                  500     CPO    8,275 Ex-factory
                                                   Medan/Belawan
PT Multimas Nabati Asahan   2,000     CPO    8,275 FOB Belawan
PT Wilmar Nabati Indonesia    500     CPO    8,275 Ex-factory
                                                   Sosa/Dumai
PT Wilmar Nabati Indonesia  1,000     CPO    8,275 FOB Dumai
PT Sinar Alam Permai        1,000     CPO    8,125 FOB
                                                   BB Palembang
PT Wilmar Nabati Indonesia    500     CPO    8,115 Ex-factory
                                                   Talang Duku
================================================================
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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