Astra Agro Sells 7,000 Tons of Palm Oil in Auction
17/04/2012 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest plantation stock by market value, sold all of 7,000 tons of palm oil it offered at an auction in Jakarta.
The following table lists the results of the sale today, based on an e-mailed statement. The volumes are given in metric tons, while prices are in rupiah per kilogram including 10 percent for value-added taxes, unless stated otherwise.
Indonesia is the world’s largest producer of the commodity.
================================================================
Buyer Volume Commodity Price Terms
================================================================
PT Salim Ivomas Pratama 2,000 CPO 9,700 FOB Bumiharjo
PT Wilmar Nabati Indonesia 2,000 CPO 9,656 FOB Dumai
PT Salim Ivomas Pratama 2,000 CPO 9,625 FOB
Buluminung
PT Multimas Nabati Asahan 1,000 CPO 9,600 FOB Belawan
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board