PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 5,000 metric tons of the 9,000 tons of palm oil it offered at an auction in Jakarta today.
Indonesia is the world’s largest producer of palm oil.
================================================================ Buyer Volume Commodity Price Terms ================================================================ PT Binasawit Abadi Pratama 1,000 CPO 9,435 FOB Belawan PT Salim Ivomas Pratama 4,000 CPO 9,195 FOB Cenoki/ Bakau ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board
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