| Indonesia to lower export growth targets for 2009 |
| 14/10/2008 - 19:04 |
Antara News has reported that the government of
Indonesia may be revising its export growth targets for
2009, since exports are expected to decline in line with the
current financial crisis in the US. Trade Minister Mari
Elka Pangestu announced Indonesia’s precautionary steps,
saying that the government must be realistic about global
economic conditions. She noted that the government needs
to also intensify export promotion campaigns to diversify
markets and export products to non-traditional export
destinations.
While widespread declining commodity prices are
affecting Indonesian exports, the fall of the Indonesian
rupiah is also drawing investors to Indonesian forest
plantations as an alternative to the receding financial
markets. With long gestation periods and carbon trading
schemes, plantation forests appear to fit in well with midterm
to long-term investments.
Indonesia Log Prices
Indonesia Log Prices
|
| Indonesia logs, domestic
prices |
US$
per m³ |
| Plywood logs |
Face Logs |
235-275 ⇓
|
| Core logs |
196-223 |
| Sawlogs (Meranti) |
|
232-270 ⇓ |
| Falcata logs |
|
196-212 |
| Rubberwood |
|
218-242 |
| Pine |
|
210-233 |
| Mahoni (plantation mahogany) |
|
593-639 ⇓ |
|
| Indonesia Sawnwood Prices |
| Indonesia, construction
material, domestic |
US$ per m³ |
| Kampar (Ex-mill) |
AD 3x12-15x400cm |
249-256 ⇓ |
| KD |
325-340 ⇓ |
| AD 3x20x400cm |
343-356 ⇓ |
| KD |
368-378 ⇓ |
| Keruing (Ex-mill) |
AD 3x12-15x400cm |
286-295 ⇓ |
| AD 2x20x400cm |
274-283 ⇓ |
| AD 3x30x400cm |
279-288 ⇓ |
|
| Indonesia Plywood Prices |
| Indonesia ply MR BB/CC, FOB |
|
US$ per m³ |
| 2.7mm |
|
472-501 ⇓ |
| 3mm |
|
415-473 ⇓ |
| 6mm |
|
394-417 ⇓ |
| MR Plywood (Jakarta),
domestic |
| 9mm |
|
325-340 ⇓ |
| 12mm |
|
303-323 ⇓ |
| 15mm |
|
300-329 ⇓ |
|
| Other Indonesia Panel Prices |
| Indonesia, Other Panels, FOB |
|
US$ per m³ |
| Particleboard |
Export 9-18mm |
242-252 ⇓ |
| Domestic 9mm |
206-223 ⇓ |
| 12-15mm |
201-213 ⇓ |
| 18mm |
199-203 ⇓ |
| MDF |
Export 12-18mm |
312-325 ⇓ |
| Domestic 12-18mm |
256-276 ⇓ |
|
| Indonesia Added Value Product
Prices |
| Indonesia, Mouldings, FOB |
|
US$ per m³ |
| Laminated Boards Falcata wood |
380-400 ⇓ |
| Red Meranti Mouldings 11x68/92mm x
7ft up |
|
Grade A |
665-690 ⇓ |
| Grade B |
597-639 ⇓ |
|
| (ITTO's Tropical Timber Market Report) |
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