MARKET DEVELOPMENT
Indonesia’s Kharisma Sells 11,000 Tons of Palm Oil
Indonesia’s Kharisma Sells 11,000 Tons of Palm Oil
30/05/2012 (Bloomberg) - 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