PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 9,500 metric tons of 17,000 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 9,464 Ex-factory Belawan/Medan PT Musim Mas 1,500 CPO 9,464 FOB Belawan PT Nagamas Palmoil Lestari 6,000 CPO 9,464 FOB Dumai ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board