Indonesia’s Kharisma Sells 10,500 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 10,500 metric tons out of 15,500 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                4,000     CPO   7,703  FOB Belawan
PT Musim Mas                  500     CPO   7,703  Ex-Factory
                                                   Medan
PT Musim Mas                2,000     CPO   7,703  Ex-factory
                                                  Belawan
PT Inti Benua Perkasatama   1,000     CPO   7,703  Ex-factory
                                                   Dumai
PT Inti Benua Perkasatama   2,000     CPO   7,703  FOB Dumai
PT Musim Mas                1,000     CPO   7,543  FOB Talang
                                                   Duku
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Fitri Wulandari in Jakarta at fwulandari@bloomberg.net

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

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