PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold the entire 4,000 metric tons of the commodity 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 2,000 CPO 9,126 FOB Belawan PT Musim Mas 500 CPO 9,126 Ex-factory Belawan PT Wilmar Nabati Indonesia 1,000 CPO 9,126 FOB Dumai PT Sinar Alam Permai 500 CPO 8,906 Ex-factory Ophir ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board