2019 Premiere Tea Auction

PT KPBN is a State-Owned Plantation company that holds the first Auction activity in Indonesia. The event is attended by Holding Perkebunan Nusantara PTPN III (Persero), Management of PTPN IV, VI, VII, VIII, IX, XII, Asosiasi Teh Indonesia, Dewan Teh Indonesia, Chairman of Jakarta Tea Buyers Assodiation, and participants of the Tea Auction.
The activity of Tea Auction will be held every Wednesday of the week, opened and inaugurated directly by President Director of PT KPBN, Edward S. Ginting.
In his remark, Edo said that “Hopefully, in this year, the participants of the Auction will continue to increase, the previous hope for the quality, the delivery of goods, and Term of Payment can be improved”.
The growth of Active Buyers in Jakarta Tea Auction in 2018 tends to be stagnant and less significant. It is expected that in 2019, through efforts to increase the auction in the form of E-Auction initiated by offgrade product (grade 3), can be increased for sale of the main grade tea.
It is expected that in 2019, the marketing of tea commodity by PT KPBN projected to contribute to the national in the form of revenue projection of Rp 1.4 trillion (volume of around 63 thousand tons).