Indonesia KPB Nusantara fails to sell 7,500 tonnes of CPO on May 1

SINGAPORE, May 2 (Reuters) - Indonesia's PT KPB Nusantara, formerly known as the state marketing centre, failed to sell 7,500 tonnes of crude palm oil (CPO) offered in an auction on May 1 due to low bids.

The firm offered CPO at 7,452-7,602 rupiah per kg. ($1 = 9,720 Indonesian rupiah)

(Compiled by Chew Yee Kiat)

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