PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of the 7,000 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 Wilmar Nabati Indonesia 2,000 CPO 9,285 FOB Dumai PT Wilmar Nabati Indonesia 2,000 CPO 9,035 FOB Tg. Bakau PT Pacific Palmindo Industri 1,000 CPO 9,285 FOB Belawan PT Sinar Alam Permai 2,000 CPO 9,140 FOB Bumiharjo ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board PKO: Palm Kernel Oil
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