Bloomberg News

Astra Agro Sells 7,000 Tons of Palm Oil in Auction

June 08, 2012

PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of 7,000 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
Pacific Indopalm Industries  3,000    CPO    7,795 FOB Dumai
PT Wilmar Nabati Indonesia   2,000    CPO    7,495 FOB Tg. Bakau
PT Wilmar Nabati Indonesia   2,000    CPO    7,495 FOB Cenoki
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Yoga Rusmana in Jakarta at

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

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