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Astra Agro Sells 2,000 Tons of Crude Palm Oil in Auction
calendar23-09-2014 | linkBloomberg | Share This Post:

23/09/2014 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, sold 2,000 metric tons of the 8,800 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 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 the commodity.

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Buyer                       Volume Commodity Price Terms
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PT Kreasi Adhikarya         2,000     CPO    8,520 FOB Dumai
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CPO: Crude Palm Oil FOB: Free on Board