Indonesia’s Kharisma Sells 4,500 Tons of Palm Oil

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
PT Musim Mas              1,500     CPO    9,257 Ex-factory
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
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