PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 4,500 metric tons of the 8,000 tons 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 Musim Mas 500 CPO 8,864 Ex-factory Medan PT Victorindo Alam Lestari 2,000 CPO 8,864 FOB Belawan PT Multimas Nabati Asahan 1,000 CPO 8,864 Ex-factory Belawan PT Nagamas Palmoil Lestari 1,000 CPO 8,864 FOB Dumai ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board