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Astra Agro Sells 6,000 Tons of Palm Oil in Auction

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Feb. 7 (Bloomberg) -- PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 6,000 metric tons of the 8,000 tons of palm oil it offered at an auction in Jakarta.

The following table lists the results of the sale today, based on a faxed statement. The volumes are given in metric tons, while prices are in rupiah per kilogram including 10 percent for value added taxes, unless stated otherwise.

Indonesia is the world’s largest producer of the commodity.

================================================================
Buyer                      Volume Commodity Price Terms
================================================================
PT Inti Benua Perkasatama   2,000    CPO    8,550 FOB Dumai
PT Salim Ivomas Pratama     2,000    CPO    8,275 FOB Tg. Bakau
PT Salim Ivomas Pratama     2,000    CPO    8,275 FOB Cenoki
================================================================
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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