PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 4,000 metric tons of the 11,750 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 1,500 CPO 8,759 FOB Belawan PT Multimas Nabati Asahan 1,500 CPO 8,759 Ex-factory Belawan PT Wilmar Nabati Indonesia 1,000 CPO 8,759 FOB Dumai ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board