PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all 7,500 metrics 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 Inti Benua Perkasatama 2,000 CPO 8,950 FOB Dumai PT Musim Mas 1,000 CPO 8,950 FOB Belawan PT Musim Mas 1,000 CPO 8,825 FOB Talang Duku PT Sinar Alam Permai 2,000 CPO 8,765 FOB Bumiharjo PT Ecogreen Oleochemicals 1,500 PKO 10,450 FOB Pangkalan Dewa ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board PKO: Palm Kernel Oil