17/11/2011 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of the 9,000 metric tons of palm oil 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.

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Buyer                        Volume Commodity Price Terms
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PT Pacific Palmindo Industri 1,000     CPO    8,250 FOB Belawan
PT Wira Inno Mas             2,000     CPO    8,145 Ex-factory
Teluk Bayur
PT Wilmar Nabati Indonesia   2,000     CPO    7,900 FOB Tanjung
Bakau
PT Wilmar Nabati Indonesia   2,000     CPO    7,900 FOB Cenoki
PT Wilmar Nabati Indonesia   2,000     CPO    7,900 FOB
Buluminung
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CPO: Crude Palm Oil FOB: Free-on-Board