Bloomberg News

Indonesia’s Kharisma Sells 6,000 Tons of Palm Oil

May 03, 2012

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 6,000 metric tons of 7,500 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                 3,000    CPO    9,285 Ex-factory
                                                   Belawan/Medan
PT Nagamas Palmoil Lestari   1,000    CPO    9,208 FOB Siak
PT Sinar Alam Permai         2,000    CPO    9,135 FOB Palembang
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Greg Ahlstrand in Jakarta at gahlstrand@bloomberg.net

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net


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