Feb. 17 (Bloomberg) -- PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 5,000 metrics tons of the 7,500 tons of palm oil 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 unless stated otherwise.
Indonesia is the world’s largest producer of palm oil.
================================================================ Buyer Volume Commodity Price Terms ================================================================ PT Wilmar Nabati Indonesia 2,000 CPO 8,895 FOB Dumai PT Pacific Palmindo Industries 1,000 CPO 8,895 FOB Belawan PT Salim Ivomas Pratama 2,000 CPO 8,635 FOB Tanjung Bakau ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board
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