PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 3,500 metric tons of the 11,250 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 1,000 CPO 8,498 FOB Belawan PT Musim Mas 500 CPO 8,498 Ex-factory Belawan PT Inti Benua Perkasatama 2,000 CPO 8,498 FOB Dumai ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board