PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of the 9,000 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 Ecogreen Oleochemicals 1,000 PKO 9,675 FOB Dumai PT Binasawit Abadi Pratama 2,000 CPO 9,020 FOB Dumai PT Musim Mas 2,000 CPO 8,895 FOB Talang Duku PT Mega Surya Mas 2,000 CPO 8,870 FOB Bumiharjo PT SMART 2,000 CPO 8,770 FOB Cenoki ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board PKO: Palm Kernel Oil
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