PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 15,000 metric tons of 20,000 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 Multimas Nabati Asahan 7,000 CPO 8,503 Ex-factory Belawan PT Wilmar Nabati Indonesia 5,000 CPO 8,503 Dumai PT Wilmar Nabati Indonesia 2,000 CPO 8,426 FOB Siak PT Sinar Alam Permai 1,000 CPO 8,353 FOB Palembang ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board