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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.
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Buyer Volume Commodity Price Terms
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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
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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