Tuesday, June 7, 2011

Indonesian market report 6th june to 11 june 2011

Market is still down, Even though the farmers selling price touched idr 10,000 the selling price in Padang reaches only 15000/kg - 16000/kg. That is mainly because the excess amount of weight loss buying agents are having. ( as most of the padang exporters had minimized procurement and are buying only dry cargo. as a result the buying agents are drying gambier to its maximum so that their cargo does not get rejected)