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Indonesia’s Kharisma Sells 6,500 Tons of Palm Oil

Jan. 16 (Bloomberg) -- PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 6,500 metric tons of 14,250 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                   500    CPO    8,532 FOB Belawan
PT Musim Mas                 1,000    CPO    8,532 Ex-factory
                                                   Medan
PT Victorindo Alam Lestari   2,500    CPO    8,532 FOB Belawan
PT Nagamas Palmoil Lestari   2,000    CPO    8,532 FOB Dumai
PT Nagamas Palmoil Lestari     500    CPO    8,532 Ex-factory
                                                   Dumai
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Yoga Rusmana in Jakarta at yrusmana@bloomberg.net

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

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