Indonesia to lower export growth targets for 2009

Antara News has reported that the government of Indonesia may be revising its export growth targets for 2009, since exports are expected to decline in line with the current financial crisis in the US. Trade Minister Mari Elka Pangestu announced Indonesia’s precautionary steps, saying that the government must be realistic about global economic conditions. She noted that the government needs to also intensify export promotion campaigns to diversify markets and export products to non-traditional export destinations.

While widespread declining commodity prices are affecting Indonesian exports, the fall of the Indonesian rupiah is also drawing investors to Indonesian forest plantations as an alternative to the receding financial markets. With long gestation periods and carbon trading schemes, plantation forests appear to fit in well with midterm to long-term investments.

Indonesia Log Prices

Indonesia Log Prices
Indonesia logs, domestic prices		US$ per m³
Plywood logs	Face Logs	235-275 ⇓
Plywood logs	Core logs	196-223
Sawlogs (Meranti)		232-270 ⇓
Falcata logs		196-212
Rubberwood		218-242
Pine		210-233
Mahoni (plantation mahogany)		593-639 ⇓

Indonesia Sawnwood Prices
Indonesia, construction material, domestic		US$ per m³
Kampar (Ex-mill)	AD 3x12-15x400cm	249-256 ⇓
	KD	325-340 ⇓
	AD 3x20x400cm	343-356 ⇓
	KD	368-378 ⇓
Keruing (Ex-mill)	AD 3x12-15x400cm	286-295 ⇓
	AD 2x20x400cm	274-283 ⇓
	AD 3x30x400cm	279-288 ⇓

Indonesia Plywood Prices
Indonesia ply MR BB/CC, FOB		US$ per m³
2.7mm		472-501 ⇓
3mm		415-473 ⇓
6mm		394-417 ⇓
*MR Plywood (Jakarta), domestic*
9mm		325-340 ⇓
12mm		303-323 ⇓
15mm		300-329 ⇓

Other Indonesia Panel Prices
Indonesia, Other Panels, FOB		US$ per m³
Particleboard	Export 9-18mm	242-252 ⇓
	Domestic 9mm	206-223 ⇓
	12-15mm	201-213 ⇓
	18mm	199-203 ⇓
MDF	Export 12-18mm	312-325 ⇓
MDF	Domestic 12-18mm	256-276 ⇓

Indonesia Added Value Product Prices
Indonesia, Mouldings, FOB		US$ per m³
Laminated Boards Falcata wood		380-400 ⇓
Red Meranti Mouldings 11x68/92mm x 7ft up
	Grade A	665-690 ⇓
	Grade B	597-639 ⇓

Indonesia to lower export growth targets for 2009

Wyszukiwanie wiadomości

Raporty specjalne

Wiadomości z ostatniej chwili


Copyright FORDAQ © 2003 Warunki gwarancji Uwagi prawne	Drukuj stronę Góra strony