Indonesia’s PT Kharisma Sells 13,000 Tons of Palm Oil

PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 13,000 metric tons of the 21,000 tons of the commodity it offered at an auction in Jakarta.

The following table lists the result 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 Musim Mas               4,500     CPO    8,303 FOB Belawan
PT Musim Mas               1,000     CPO    8,303 Ex-factory
                                                  Medan/Belawan
PT Intibenua Perkasatama   3,000     CPO    8,303 FOB Dumai
PT Intibenua Perkasatama     500     CPO    8,303 Ex-factory
                                                  Sosa/Dumai
PT Musim Mas               2,000     CPO    8,155 Ex-factory
                                                  Talang Duku
PT Indokarya Internusa     1,000     CPO    8,153 FOB Palembang
Karya Indah Alam Sejahtera 1,000     CPO    7,978 FOB Tanah
                                                  Merah
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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