Jun 27, 2011

Astra Agro 5M CPO sales volume up 27%

Palm oil producer PT Astra Agro Lestari Tbk (AALI) recorded a 27.1% increase in CPO sales volume to 474,772 tons in the first 5 months of this year from 373,631 tons a year earlier.
The increase was mainly derived from the rise of 28.3% in CPO production during January-May 2011, a company bulletin submitted to Indonesia Stock Exchange today.
In the same period, Astra Agro's CPO sales price recorded an increase of 22.1% to Rp8,043/kg from Rp6,588/kg last year. Otherwise, Astra Agro’s kernel & PKO sales price increased by 88.5% & 83.7% to Rp6,160/kg and Rp13,895 /kg

Disclosure: No position at the stock mentioned above.  

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