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
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