02/12/2011 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of the 10,500 metric tons of palm oil it offered at an auction in Jakarta today.

The following table lists the results of the sale, based on a faxed statement. The volumes are given in metric tons, while prices are in rupiah per kilogram 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 Inti Benua Perkasatama   2,000    CPO    8,155 FOB Dumai
Pacific Palmindo Industries 1,500    CPO    8,155 FOB Belawan
PT Wira Inno Mas            1,000    CPO    8,050 Ex-factory
Teluk Bayur
PT Panca Nabati Prakarsa    2,000    CPO    7,930 FOB Bumiharjo
PT SMART                    2,000    CPO    7,855 FOB
Tanjung Bakau
PT SMART                    2,000    CPO    7,855 FOB
Buluminung
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CPO: Crude Palm Oil FOB: Free-on-Board