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Astra Agro Sells 3,000 Tons of Palm Oil in Auction

Feb. 10 (Bloomberg) -- PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for half of the 6,000 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 Nagamas Palmoil Lestari  2,000    CPO    8,642 FOB Dumai
PT Musim Mas                1,000    CPO    8,515 FOB T. Duku
================================================================
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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