U.S. Markets closed

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

SINGAPORE, Aug 30 (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 Friday due to low bids.

The firm offered CPO at 8,769 rupiah per kg. ($1 = 10,910 Indonesian rupiah)

(Compiled by Chew Yee Kiat)