Bloomberg News

Astra Agro Sells 7,850 Tons of Palm Oil in Auction

May 01, 2012

PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of 7,850 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 Asianagro Agungjaya     2,000    CPO    9,400 FOB Dumai
PT Asianagro Agungjaya     2,000    CPO    9,270 FOB Talang Duku
PT Wilmar Nabati Indonesia 2,850    CPO    9,245 FOB Bumiharjo
PT Ecogreen Oleochemical   1,000    PKO   10,375 FOB Buatan
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board PKO: Palm Kernel Oil

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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