Astra Agro sells 7,000 tons of crude palm oil in auction

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(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

CPO: Crude Palm Oil FOB: Free on Board