PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 3,000 metric tons of the 8,500 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.
================================================================ Buyer Volume Commodity Price Terms ================================================================ PT Wilmar Nabati Indonesia 2,000 CPO 8,274 FOB Dumai PT Indokarya Internusa 1,000 CPO 8,124 Ex-factory Palembang ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board
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