MARKET DEVELOPMENT
Indonesia’s PT Kharisma Sells 3,000 Tons of Palm Oil
Indonesia’s PT Kharisma Sells 3,000 Tons of Palm Oil
02/12/2011 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 3,000 metric tons of the 21,200 tons of the commodity 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.
================================================================ Buyer Volume Commodity Price Terms ================================================================ PT Berlian E.S.T 3,000 CPO 8,173 Ex-factory Medan/Belawan ================================================================ CPO: Crude Palm Oil FOB: Free-on-Board