• Indonesian Steel Producers Urge Gov't to Monitor Imports Better

    Indonesian steel manufacturers urge the Indonesian government to improve the monitoring of steel trade as rising steel imports undermine the performance of domestic steel producers. Hidayat Triseputro, Executive Director of the Indonesian Iron and Steel Industry Association (IISIA), said domestic steel production capacity is indeed not enough to meet domestic steel demand. However, importers are currently taking advantage of the import policies, and this comes at the expense of expansion of the domestic steel industry.

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  • Commodity Watch Indonesia: Rubber Price Falls, Yen Strengthens

    Rubber prices fell sharply on Monday morning (24/07), in line with the strengthening Japanese yen. The price of rubber (December 2017 delivery, the most active contract on the Tokyo Commodity Exchange), had slid 2.33 percent to 209.50 yen per kilogram (kg) at 10:28 am local Jakarta time.

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