Bloomberg News

Indonesia’s Kharisma Sells 5,000 Tons of Palm Oil

March 27, 2012

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 5,000 metric tons of 18,000 tons of the commodity that 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 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 Hidreen Palm International  5,000    CPO    9,520 FOB Dumai
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CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Eko Listiyorini in Jakarta at elistiyorini@bloomberg.net

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


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