PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 14,000 metric tons of 20,500 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 Musim Mas 2,000 CPO 8,240 Ex-factory Medan/Belawan PT Musim Mas 3,500 CPO 8,240 FOB Belawan PT Inti Benua Perkasatama 5,000 CPO 8,240 FOB Dumai PT Inti Benua Perkasatama 500 CPO 8,240 Ex-factory Dumai PT Musim Mas 2,000 CPO 8,080 Ex-factory Talang Duku PT Indokarya Internusa 1,000 CPO 8,090 FOB Boom Baru ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board