Bloomberg News

Indonesia’s Kharisma Sells 6,500 Tons of Palm Oil

May 02, 2012

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 6,500 metric tons of 8,000 tons of the commodity 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 Musim Mas                 2,000    CPO    9,368 Ex-factory
                                                   Belawan/Medan
PT Musim Mas                 2,000    CPO    9,368 FOB Belawan
PT Nagamas Palmoil Lestari   1,000    CPO    9,368 FOB Dumai
PT Nagamas Palmoil Lestari   1,000    CPO    9,291 FOB Siak
Mikie Oleo Nabati Industri     500    CPO    9,275 Ex-factory
                                                   Bandung
================================================================
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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