This week see some difference in the market. After a long down trend the market had bottomed up and the price in the local market had stabilised at idr 15,000 level. The Production at the Local markets had drastically dropped and the collectors where not able to buy more cargo. Exporters where very calm as they where sticking on to minimum procurement. Export Prices are at USD2250/MT CNF India
"The market went too down and the down trend was for a long time as well, That made a lot of mess in the market. Now I hear that all the exporters are waiting for July... Ahhhh again bad weeks ahead,,, Riko (collector from suranti)"
"The market went too down and the down trend was for a long time as well, That made a lot of mess in the market. Now I hear that all the exporters are waiting for July... Ahhhh again bad weeks ahead,,, Riko (collector from suranti)"
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