Indonesia palm trades

05 Nov, 2009

In Indonesia, the state marketing centre, based in Jakarta, sold 12,000 tonnes of palm oil at a top price of 6,560 rupiah ($0.688) per kg against 6,458 rupiah on Tuesday. Producers in Medan, home to Indonesia's main palm oil export port of Belawan, sold palm oil at 6,535 rupiah per kg, compared to 6,345-6,460 rupiah per kg on Tuesday. Refiners in Jakarta offered refined, bleached, deodorised (RBD) palm oil, used as cooking oil, steady at 6,400 rupiah from a day earlier.

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