Bloomberg News

Astra Agro Sells 11,500 Tons of Palm Oil in Auction

June 06, 2012

PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of the 11,500 metric 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 Nagamas Palmoil Lestari 4,000     CPO    7,870 FOB Dumai
PT Victorindo Alam Lestari 1,000     CPO    7,870 FOB Belawan
PT Musim Mas               1,000     CPO    7,740 FOB Talang
PT Sinar Alam Permai       2,000     CPO    7,720 FOB Bumiharjo
PT Wilmar Nabati Indonesia 2,000     CPO    7,570 FOB Cenoki
PT Ecogreen Oleochemicals  1,500     PKO    8,496 FOB P. Dewa
CPO: Crude Palm Oil PKO: Palm Kernel Oil FOB: Free-on-Board

To contact the reporter on this story: Eko Listiyorini in Jakarta at

To contact the editor responsible for this story: James Poole at

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