21/12/2011 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 4,500 metric tons of the 6,500 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 including 10 percent value added taxes, 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 Wilmar Nabati Indonesia  3,500    CPO    7,975 FOB Dumai
Pacific Palmindo Industry   1,000    CPO    7,975 FOB Belawan
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CPO: Crude Palm Oil FOB: Free-on-Board