PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 2,000 metric tons of the 3,500 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 9,201 FOB Belawan ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board