JAKARTA (Dow Jones)--Bogasari, an Indonesian-based company which controls two
of the world's largest flour mills, will receive part of a delayed shipment of
Australian wheat in the middle of this month, the company's director said
Friday.

  "We've been told that one ship with around 40,000 (metric) tons of wheat will
arrive on March 15. We're still waiting for the arrival of two other ships,"
said the company's director, Franciscus Welirang.

  In all, the company has contracted to buy around 150,000 tons of Australian
wheat in the first quarter of this year.

  The delays in securing Australian wheat haven't prompted Bogasari to raise
domestic prices of wheat flour, but should the delays continue into the second
quarter of this year, the company may be forced to increase its prices.

  "If the situation persists, and we're unable to maintain an adequate supply
of stocks to keep up with demand, then (wheat flour) prices may rise. But at
this point, we see no need to raise flour prices," he said.

  Late last month, Bogasari received a letter from Cooperative Bulk Handling
Ltd. saying there would be delays of as much as 60-105 days in shipping
previously contracted wheat due to logistics problems in transferring wheat
from storage sites to ports and vessels.

  Welirang said the remaining two shipments of Australian wheat should arrive
by April, around the same time as a shipment of 60,000 tons of U.S. wheat that
Bogasari has contracted to ensure it doesn't run out of stocks due to the
delays in procuring Australian wheat.

  "That's when the situation may get a bit crowded. We can accommodate the
unloading of one large ship at the port at any one point, so other ships will
have to wait their turn, and this will increase demurrage costs," said
Welirang.

  Welirang said since it was informed about the delays early, the company is
trying its best to rearrange shipping schedules so that the Australian wheat
shipments do not clash with shipments from other origins such as the U.S. and
Canada.

  "We were expecting more Australian wheat shipments in the first quarter (than
other origins), but the delays mean we have speeded up shipments of U.S. wheat
to make up for any shortfall," he said.

  Such rearranging of schedules will likely continue into the second quarter.

  "The schedules will likely be reversed, with U.S. wheat shipments coming in
earlier and Australian wheat shipments pushed back to later dates to
accommodate the delays at Australian ports," Welirang said.

  Bogasari, which is part of PT Indofood Sukses Makmur, the world's largest
noodle maker, imports around 90% of Indonesia's wheat needs.

  Indonesia is expected to import 4.5 million tons of wheat in 2009, up 5% from
last year.