PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 6,000 metric tons of 10,000 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 Wilmar Nabati Indonesia 2,000 CPO 8,408 FOB Dumai PT Synergy Oil Nusantara 1,000 CPO 8,265 FOB Talang Duku PT Sinar Alam Permai 2,000 CPO 8,252 FOB Bumiharjo PT Mega Surya Mas 1,000 CPO 8,400 FOB Tg. Bakau ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board