PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 8,500 metric tons of 15,500 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 Wilmar Nabati Indonesia 4,000 CPO 8,408 FOB Dumai PT Wilmar Nabati Indonesia 500 CPO 8,408 Ex-factory Dumai PT Wilmar Nabati Indonesia 2,000 CPO 8,331 FOB Siak PT Sinar Alam Permai 1,000 CPO 8,258 FOB Boom Baru Royal Industries Indonesia 1,000 CPO 8,143 FOB Tayan ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board