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Indonesia’s Kharisma Sells 5,500 Tons of Palm Oil

June 4 (Bloomberg) -- PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 5,500 metric tons of the 11,000 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 Berlian E. S. T.        2,000     CPO    7,673 FOB Belawan
PT Berlian E. S. T.        1,000     CPO    7,673 Ex-factory
                                                  Medan/Belawan
PT Intibenua Perkasatama   1,000     CPO    7,523 Ex-factory
                                                  Palembang
PT Musim Mas               1,500     CPO    7,513 Ex-factory
                                                  Talang Duku
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Eko Listiyorini in Jakarta at elistiyorini@bloomberg.net

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net

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