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PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 7,000 metric tons of 10,250 tons of the commodity that it offered at an auction in Jakarta.
PT Astra Agro Lestari (AALI), the country’s largest-listed plantation company by market value, withdrew 4,000 tons of palm oil in a separate auction because of low bids.
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 3,000 CPO 9,388 FOB Belawan PT Musim Mas 500 CPO 9,388 Ex-factory Belawan PT Wilmar Nabati Indonesia 2,000 CPO 9,388 FOB Dumai PT Wilmar Nabati Indonesia 500 CPO 9,115 Ex-factory Pinang Tinggi PT Sinar Alam Permai 1,000 CPO 9,238 FOB Boom Baru ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board
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