| Indonesia: Prince Charles urges government to stay committed to forest preservation |
| 20/11/2008 - 09:21 |
Antara News reported on Prince Charles’ recent visit to
Indonesia, where he called on the government to maintain
its commitment to preserving its forests. During his tour of
the Indonesian Rain Forest Ecosystem Restoration Park in
Bungku village, the Prince asked accompanying
Indonesian Forestry Minister MS Kaban to support PT
Restorasi Ekosystem Indonesia’s (REKI) initiative to
develop the park. Relatedly, Jambi Governor Nurdin has
already asked the Forestry Minister to issue a license for
REKI’s ecosystem forest restoration project. Minister
Kaban has responded to the requests and said he has
issued a licence for the management of Jambi’s forest
restoration areas of up to 101,000 hectares.
Bank Indonesia expects lower growth in fourth quarter
Bank Indonesia (BI) Deputy Governor Hartadi A.
Sarwono said that fourth quarter growth would be around
5.9%, lower than the 6.4% reported for in the third quarter,
indicated The Jakarta Post. Saying that the global
economic crisis was beginning to have an impact on the
Indonesian economy, Hartadi noted that he expected
overall growth in 2008 to be between 6.1 and 6.2%, one
tenth lower than growth in 2007. Nevertheless, he said that
the Indonesian economy would find ‘a new equilibrium’ in
the wake of the US recession and expected the full impact
of slowing exports and imports to be felt in 2009. He also
indicated that when the Indonesian rupiah adjusts to the
effects of the global economic slowdown, BI would be developing appropriate policy responses to have an
‘orderly adjustment’.
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) |
|
576-620 ⇓ |
|
| Indonesia Sawnwood Prices |
| Indonesia, construction
material, domestic |
US$ per m³ |
| Kampar (Ex-mill) |
AD 3x12-15x400cm |
244-251 ⇓ |
| KD |
321-336 ⇓ |
| AD 3x20x400cm |
338-351 ⇓ |
| KD |
362-372 ⇓ |
| Keruing (Ex-mill) |
AD 3x12-15x400cm |
282-291 ⇓ |
| AD 2x20x400cm |
270-280 ⇓ |
| AD 3x30x400cm |
275-284 ⇓ |
|
| Indonesia Plywood Prices |
| Indonesia ply MR BB/CC, FOB |
|
US$ per m³ |
| 2.7mm |
|
467-495 ⇓ |
| 3mm |
|
410-467 ⇓ |
| 6mm |
|
389-415 ⇓ |
| MR Plywood (Jakarta),
domestic |
| 9mm |
|
323-337 ⇓ |
| 12mm |
|
300-320 ⇓ |
| 15mm |
|
297-326 ⇓ |
|
| 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 |
308-321 |
| 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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