(May 12): PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, sold 7,000 metric tons out of the 16,000 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 a 10 percent value-added tax, unless stated otherwise.
Indonesia is the world’s largest producer of the commodity.
Buyer | Volume |
Commodity |
Price |
Terms |
PT Nagamas Palmoil Lestari | 2,000 |
CPO |
9,535 |
FOB Dumai |
PT Nagamas Palmoil Lestari | 1,000 |
CPO |
9,405 |
FOB Tl. Duku |
PT Sukajadi Sawit Mekar | 4,000 |
CPO |
9,310 |
FOB Bumiharjo |