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Indonesia’s Kharisma Sells 3,000 Tons of Palm Oil

May 28 (Bloomberg) -- PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 3,000 metric tons of the 8,500 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 Wilmar Nabati Indonesia 2,000     CPO    8,274 FOB Dumai
PT Indokarya Internusa     1,000     CPO    8,124 Ex-factory
                                                  Palembang
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

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

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