Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Astra Agro Fails to Sell 9,000 Tons of Palm Oil in Auction

March 22 (Bloomberg) -- PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, failed to sell 9,000 tons of palm oil it offered at an auction today in Jakarta.

The unit of PT Astra International offered palm oil at target price of 8,940 rupiah a kilogram, 9,015 rupiah, 9,075 rupiah and 9,200 rupiah, Astra Agro said in a faxed statement. Buyers bid at 8,728 rupiah a kilogram, 8,930 rupiah, 8,968 rupiah and 9,133 rupiah, the company said in the statement.

Indonesia is the world’s largest producer of the commodity.

To contact the reporter on this story: Fitri Wulandari in Jakarta at

To contact the editor responsible for this story: Greg Ahlstrand at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.