PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of the 11,000 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 unless stated otherwise.
Indonesia is the world’s largest producer of palm oil.
================================================================ Buyer Volume Commodity Price Terms ================================================================ PT Wilmar Nabati Indonesia 4,000 CPO 7,933 FOB Dumai PT Wilmar Nabati Indonesia 2,000 CPO 7,630 FOB Tanjung Bakau PT Musim Mas 1,000 CPO 7,930 FOB Belawan PT Salim Ivomas Pratama 2,000 CPO 7,656 FOB Cenoki PT Sari Alam Permai 2,000 CPO 7,705 FOB Bumiharjo ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board