Bloomberg News

Astra Agro Sells 8,000 Tons of Palm Oil in Auction

April 09, 2012

PT Astra Agro Lestari, Indonesia’s biggest plantation stock by market value, sold all of 8,000 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 Nagamas Palmoil Lestari    4,000     CPO    9,845 FOB Dumai
PT Berkah Emas Sumber Terang  2,000     CPO    9,724 FOB
                                                     Bumiharjo
PT Berkah Emas Sumber Terang  2,000     CPO    9,624 FOB Tg.
                                                     Bakau
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board PKO: Palm Kernel oil

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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