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Indonesia’s Kharisma Sells 7,500 Tons of Palm Oil
calendar06-04-2012 | linkBloomberg | Share This Post:

06/04/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 7,500 metric tons of 10,500 tons of the commodity 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.

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Buyer                     Volume Commodity Price Terms
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PT Musim Mas               1,500    CPO    9,747 Ex-factory
                                                 Belawan/Medan
PT Multimas Nabati Asahan  2,000    CPO    9,747 FOB Belawan
PT Multimas Nabati Asahan  1,000    CPO    9,747 Ex-factory
                                                 Belawan
PT Nagamas Palmoil Lestari 2,000    CPO    9,747 FOB Dumai
PT Indokarya Internusa     1,000    CPO    9,597 FOB Boom Baru
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CPO: Crude Palm Oil FOB: Free-on-Board