PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 5,000 metric tons of 9,000 tons of palm oil it offered at an auction in Jakarta.
The following table lists the results of the sale today, based on an e-mailed statement. The volumes are given in metric tons, while prices are in rupiah per kilogram including 10 percent for value-added taxes, unless stated otherwise.
Indonesia is the world’s largest producer of the commodity.
================================================================ Buyer Volume Commodity Price Terms ================================================================ PT Nagamas Palmoil Lestari 2,000 CPO 9,365 FOB Dumai PT Musim Mas 1,000 CPO 9,365 FOB Belawan PT Mega Surya Mas 2,000 PKO 10,710 FOB Pangkalan Dewa ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board PKO: Palm Kernel Oil