Wednesday, August 10, 2011

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.

Saturday, July 30, 2011

Indonesian market report 25july to 30 july 2011

The Market had picked up pace and aggressive buying had started. The Market prices where at 19000 idr/kg,

exporters and collectors are trying to cover up more stock as they are expecting a short crop in the second week of august. Its because normally the first week of fasting ( that is the first week of august) farmers will stop working.

Friday, July 22, 2011

Indonesian market report 18 july to 23 july 2011

Gambier booch prices had moved up to 18500 level this week.

Most of the exporters where not ready to buy the cargo by the beginning of the week. The Indian/Indonesian markets  was unstable due to the verdict from supreme court of India on 20th July , but after 20th July most of the exporters become aggressive in purchases. most of the collectors/exporters where trying to collect more volumes by the end of the week

By the end of the week some of the Kanpur buyers where at Medan.

Next week, the prices will peak up as all the exporters are aggressive for procurement. Local prices at Padang are expected to be above 19500 level next week .

Low catechin gambier is at 16500/kg this week .