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Indonesia’s Kharisma Sells 3,000 Tons of Palm Oil

Feb. 21 (Bloomberg) -- PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 3,000 metric tons of the 8,500 tons that 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 1 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                2,000    CPO    9,020 Ex-factory
                                                  Belawan/Medan
PT Musim Mas                1,000    CPO    9,020 FOB Belawan
================================================================
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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