Bloomberg News

Astra Agro Sells 7,000 Tons of Palm Oil in Auction

April 16, 2012

PT Astra Agro Lestari, Indonesia’s biggest plantation stock by market value, sold all of 7,000 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 Salim Ivomas Pratama    2,000     CPO    9,700 FOB Bumiharjo
PT Wilmar Nabati Indonesia 2,000     CPO    9,656 FOB Dumai
PT Salim Ivomas Pratama    2,000     CPO    9,625 FOB
                                                  Buluminung
PT Multimas Nabati Asahan  1,000     CPO    9,600 FOB Belawan
================================================================
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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