PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of the 10,000 metric tons of palm oil it offered at an auction in Jakarta today.
The following table lists the results of the sale, based on a faxed statement. The volumes are given in metric tons, while prices are in rupiah per kilogram including 10 percent value added taxes, unless stated otherwise.
Indonesia is the world’s largest producer of the commodity.
================================================================ Buyer Volume Commodity Price Terms ================================================================ PT Wilmar Nabati Indonesia 4,000 CPO 7,900 FOB Dumai PT Wilmar Nabati Indonesia 2,000 CPO 7,575 FOB Tg. Bakau PT Wilmar Nabati Indonesia 2,000 CPO 7,575 FOB Buluminung PT Sinar Alam Permai 2,000 CPO 7,677 FOB Bumiharjo ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board