Bloomberg News

Astra Agro Sells 8,900 Tons of Palm Oil in Auction

April 03, 2012

PT Astra Agro Lestari, Indonesia’s biggest plantation stock by market value, sold all of the 8,900 metric tons of palm oil it offered at an auction in Jakarta.

The following table lists the results of the sale today, based on an e-mailed 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 Wilmar Nabati Indonesia  4,000    CPO    9,705 FOB Dumai
PT Wilmar Nabati Indonesia  2,000    CPO    9,470 FOB Cenoki
PT Wilmar Nabati Indonesia  2,900    CPO    9,520 FOB Bumiharjo
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Yoga Rusmana in Jakarta at yrusmana@bloomberg.net

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


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