indonesian market report 8th august to 13th august

As expected the cargo was very short this week. Most of the collectors/exporters find it difficult to collect gambier this week

Payakumbuh and Jakarta based exporters was giving the highest bid in the market.

This weeks prices had touched 19500.

collectors/farmers of suranti/sigantur markets  had started delivery to payakumbuh ( 100km away from their market destinations) due to high prices

farmers on the other had is happy that the gambier prices are in the up trend. 

 " its the gift of god that when we start puasa (fasting) the price of gambier is going up. we where really worried on how to celebreate lebaran (muslim festival) this year. But now we are happy  says andi a farmer from siganur"

Indonesian market report 1 august to 6 august 2011

this week the market had reached a price of 19,000/kg. The cargo inflow in this week was huge. Most of the exporters sitting at Padang and Medan was also aggressive.
As this is the first week of fasting, farmers and collectors try to sell most of their cargo for money.

This week farmers had not produced gambier. The impact of this will come next week as the cargo for sure will be short next week.