Bloomberg News

Astra Agro Sells 2,000 Tons of Palm Oil in Auction

February 27, 2012

PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 2,000 tons of the 6,000 tons of palm oil it offered at an auction in Jakarta today.

The following table lists the results of the sale today, based on a faxed 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.

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Buyer                      Volume Commodity Price Terms
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PT Nagamas Palmoil Lestari 2,000    CPO    9,204 FOB Dumai
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CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Eko Listiyorini in Jakarta at elistiyorini@bloomberg.net

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net


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