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