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

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
CPO: Crude Palm Oil FOB: Free-on-Board

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