PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 12,000 metric tons of the 18,000 tons 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 1,000 CPO 8,188 Ex-factory Medan PT SMART 4,000 CPO 8,188 FOB Belawan PT SMART 1,500 CPO 8,188 Ex-factory Medan/Belawan PT Nagamas Palmoil Lestari 2,000 CPO 8,188 FOB Dumai PT Sinar Alam Permai 1,000 CPO 8,038 Ex-factory Palembang PT Wilmar Nabati Indonesia 1,500 CPO 8,028 Ex-factory Talang Duku PT Aprindo Indah Persada 1,000 CPO 7,878 Ex-factory Rimbo 2 ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board