PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 3,750 metric tons of the 5,250 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 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 9,139 Ex-factory Medan PT Multimas Nabati Asahan 1,000 CPO 9,139 FOB Belawan PT Multimas Nabati Asahan 500 CPO 9,139 Ex-factory Medan PT Wilmar Nabati Indonesia 1,000 CPO 9,139 FOB Dumai PT Agrindo Indah Persada 750 CPO 8,829 Ex-factory Rimbo 2 =============================================================== CPO: Crude Palm Oil FOB: Free-on-Board