Bloomberg News

Indonesia’s Kharisma Sells 4,500 Tons of Palm Oil

February 28, 2012

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold all of the 4,500 metric tons of palm oil that it offered at an auction in Jakarta.

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 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                500     CPO    9,257 Ex-factory
                                                 Medan
PT Musim Mas              1,500     CPO    9,257 Ex-factory
                                                 Medan/Belawan
PT Musim Mas              1,500     CPO    9,257 FOB Belawan
PT Intibenua Perkasatama  1,000     CPO    9,257 FOB Dumai
===============================================================
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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