PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 2,000 metric tons of the 8,500 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 Budi Nabati Perkasa 2,000 CPO 7,756 FOB Bumiharjo ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board