Tuesday, June 21, 2011

indonesian market report 20 june to 25 june 2011

The week started with a slight increase in the market. The local prices where ranging from 15500 to 16000. But two three exporters were having more interest in the market and was buying at idr 17000/kg.

Lumpang grades had picked up some demand. Exporters where trying to buy lumpang grades, but till they were not able to cover more than 5MT of lumpang per week. The Local prices of lumpang is idr 16,000/kg
The supply was still very low and is expected to be low in the near future

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