Indonesia’s Kharisma Sells 17,000 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 17,000 metric tons of 21,000 tons of the commodity it offered at an auction in Jakarta.

The following table lists the result 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 Asianagro Agung Jaya     1,000    CPO    8,558 Ex-factory
PT Multimas Nabati Asahan   5,000    CPO    8,558 FOB Belawan
PT Multimas Nabati Asahan   2,000    CPO    8,558 Ex-factory
PT Wilmar Nabati Indonesia  7,000    CPO    8,558 FOB Dumai
PT Wilmar Nabati Indonesia  2,000    CPO    8,481 FOB Siak
CPO: Crude Palm Oil FOB: Free-on-Board
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