Bloomberg News

Indonesia’s Kharisma Sells 11,000 Tons of Palm Oil

May 29, 2012

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 11,000 metric tons of the 12,500 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 Musim Mas               1,000     CPO    8,463 Ex-factory
                                                  Medan
PT Musim Mas               2,500     CPO    8,463 FOB Belawan
PT Musim Mas               1,000     CPO    8,463 Ex-factory
                                                  Medan/Belawan
PT Nagamas Palmoil Lestari 2,000     CPO    8,463 FOB Dumai
PT Nagamas Palmoil Lestari   250     CPO    8,463 Ex-factory
                                                  Sosa/Dumai
PT Intibenua Perkasatama     500     CPO    8,463 FOB Dumai
PT Intibenua Perkasatama     250     CPO    8,463 Ex-factory
                                                  Sosa/Dumai
PT Intibenua Perkasatama   1,500     CPO    8,463 FOB Dumai
PT Nagamas Palmoil Lestari 2,000     CPO    8,386 FOB Siak
================================================================
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


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