PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of the 10,000 tons of palm oil 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 10 percent for value added taxes, unless stated otherwise.
Indonesia is the world’s largest producer of the commodity.
================================================================ Buyer Volume Commodity Price Terms ================================================================ PT Nagamas Palmoil Lestari 4,000 CPO 9,495 FOB Dumai PT Panca Nabati Prakarsa 2,000 CPO 9,495 FOB Tg. Bakau PT Panca Nabati Prakarsa 2,000 CPO 9,295 FOB Bumiharjo PT Salim Ivomas Pratama 2,000 CPO 9,220 FOB Buluminung ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board
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