PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 10,000 metric tons of 15,500 tons of the commodity it offered at an auction in Jakarta.
The company sold 16,500 metric tons of the crude palm oil yesterday at a highest price of 8,252 rupiah per kilogram ($860 a ton) from Belawan dan Dumai port in Sumatera.
The following table lists the result of the sale today, based on a statement posted on its website. 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. 4,500 CPO 8,203 FOB Belawan PT Berlian E. S. T. 1,500 CPO 8,203 Ex-factory Medan/Belawan PT Nagamas Palmoil Lestari 2,000 CPO 8,203 FOB Dumai PT Wilmar Nabati Indonesia 1,000 CPO 8,043 Ex-factory Talang Duku Karya Indah Alam Sejahtera 1,000 CPO 7,938 FOB Tayan ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board