01/11/2011 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for half of 12,000 metric tons of palm oil that 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 the commodity

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Buyer                      Volume Commodity Price Terms
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PT Inti Benua Perkasatama   4,000    CPO    7,785 FOB Dumai
PT Wira Inno Mas            2,000    CPO    7,680 Ex-factory
Teluk Bayur
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CPO: Crude Palm Oil FOB: Free-on-Board