PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 13,000 metric tons of the 20,750 tons of the commodity 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 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 1,750 CPO 8,105 Ex-factory Medan/Belawan PT Multimas Nabati Asahan 4,250 CPO 8,105 Ex-factory Medan/Belawan PT Wilmar Nabati Indonesia 3,500 CPO 8,105 Ex-factory Dumai PT Wilmar Nabati Indonesia 1,000 CPO 8,028 FOB Siak PT Sinar Alam Permai 2,000 CPO 7,955 FOB B. Baru PT Sinar Alam Permai 500 CPO 7,900 Ex-factory Ophir ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board