Bloomberg News

Indonesia’s PT Kharisma Sells 3,000 Tons of Palm Oil

March 02, 2012

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 3,000 metric tons of 5,250 tons 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                1,000    CPO    9,149 FOB Belawan
PT Musim Mas                  500    CPO    9,149 Ex-factory
                                                  Belawan
PT Multimas Nabati Asahan   1,000    CPO    9,149 FOB Belawan
PT Wilmar Nabati Indonesia    500    CPO    8,876 Ex-factory
                                                  Bunut
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Yoga Rusmana in Jakarta at yrusmana@bloomberg.net

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


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