Bloomberg News

Indonesia’s Kharisma Sells 7,000 Tons of Palm Oil

March 13, 2012

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 7,000 metric tons of the 14,000 metric tons of palm oil it offered at an auction in Jakarta today.

The following table lists the results of the sale, based on a faxed statement. The volumes are given in metric tons, while prices are in rupiah per kilogram unless stated otherwise.

Indonesia is the world’s largest producer of palm oil.

================================================================
Buyer                       Volume Commodity Price Terms
================================================================
PT SMART                       1,000    CPO    9,423  Ex-factory
                                                   Medan/Belawan
PT Berlian E.S.T.              3,000    CPO    9,423  Ex-factory
                                                      Belawan
PT Hidreen Palm International  3,000    CPO    9,423  Ex-factory
                                                      Dumai
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Greg Ahlstrand in Jakarta at gahlstrand@bloomberg.net;

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


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