PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 2,500 metric tons of the 8,500 tons of the commodity 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 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 Multimas Nabati Asahan 500 CPO 8,696 FOB Belawan PT Musim Mas 1,000 CPO 8,696 FOB Belawan PT Multimas Nabati Asahan 1,000 CPO 8,696 Ex-factory Belawan ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board