DJ Indonesia PT KPB Sells 8,000 Tons CPO At Auction Wednesday 16.11.2011
DOW JONES NEWSWIRES
Indonesia's PT KPB Nusantara said in a statement Wednesday that it sold 8,000 metric tons of crude palm oil offered in a government auction.
PT Musim Mas bought 4,500 tons at IDR8,234 a kilogram, ex-factory and another 1,000 tons, free on board Siak at IDR8,157/kg.
PT Intibenua Perkasatama bought 2,500 tons at IDR8,234/kg, ex-factory.
A further 6,500 tons of CPO also offered in the auction remained unsold, after PT KPB withdrew its offer due to low bids