Indonesia’s Kharisma Sells 500 Tons Palm Oil in Auction

March 22 (Bloomberg) -- PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 500 metric tons of 12,000 tons of the edible 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.

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Buyer                  Volume Commodity Price    Terms
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Sari Dumai Sejati        500    CPO    8,916  Ex-Factory Bunut
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To contact the reporter on this story: Fitri Wulandari in Jakarta at fwulandari@bloomberg.net

To contact the editor responsible for this story: Greg Ahlstrand at gahlstrand@bloomberg.net