PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 3,500 metric tons of 10,000 tons of the commodity 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 SMART 1,500 CPO 9,170 Ex-factory Medan/Belawan PT SMART 2,000 CPO 9,170 FOB Belawan ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board