PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold all of the 4,500 metric tons of palm oil 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 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 9,257 Ex-factory Medan PT Musim Mas 1,500 CPO 9,257 Ex-factory Medan/Belawan PT Musim Mas 1,500 CPO 9,257 FOB Belawan PT Intibenua Perkasatama 1,000 CPO 9,257 FOB Dumai =============================================================== CPO: Crude Palm Oil FOB: Free-on-Board