The Market is picking up with even more exporters active. The prices at local market reach 15000 to 16000 levels whereas the Exporters buy at range of 17000 to 18000 for a kilo
One of the Medan based exporter had visited Payakumbuh farmer markets which in turn had given a boost in the price and a indication for the farmers that the price is going to go up
This year the Muslim holidays are early @ end august hence the fasting will begin by the end of the month and the exporters very well know that the production is going to drop on fasting month. and think this is the best time to cover stocks at these low prices.
