Indonesia’s Kharisma Sells 12,000 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 12,000 metric tons of the 18,000 tons 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.

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Buyer                      Volume Commodity Price Terms
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PT SMART                   1,000     CPO    8,188 Ex-factory
                                                  Medan
PT SMART                   4,000     CPO    8,188 FOB Belawan
PT SMART                   1,500     CPO    8,188 Ex-factory
                                                  Medan/Belawan
PT Nagamas Palmoil Lestari 2,000     CPO    8,188 FOB Dumai
PT Sinar Alam Permai       1,000     CPO    8,038 Ex-factory
                                                  Palembang
PT Wilmar Nabati Indonesia 1,500     CPO    8,028 Ex-factory
                                                  Talang Duku
PT Aprindo Indah Persada   1,000     CPO    7,878 Ex-factory
                                                  Rimbo 2
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Eko Listiyorini in Jakarta at elistiyorini@bloomberg.net

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