PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of 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 Inti Benua Perkasatama 1,500 CPO 7,990 FOB Dumai Pacific Palmindo Industri 1,000 CPO 7,990 FOB Belawan PT Salim Ivomas Pratama 2,000 CPO 7,690 FOB Tg. Bakau PT Salim Ivomas Pratama 2,000 CPO 7,690 FOB Cenoki PT Sinar Alam Permai 2,000 CPO 7,840 FOB Bumiharjo ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board