Jul 16, 2026 | Commodities, Market
Nickel was traded at US$16,809 per ton this morning, which means only 0.32% gain year-to-date despite Indonesia’s production cut. Higher production in the Philippines, the second largest producer, might force Indonesian government to scale back a plan to boost output...
Jul 11, 2026 | Commodities, Market
Composite index of IDX (IHSG/JCI) ended higher by 0.2% Friday (Jul 10) despite weak reading of consumer confidence and retail sales from Bank Indonesia’s surveys. Trading was thin, while foreign investors continued their net sell. Total trading value was Rp8.45...
Jul 9, 2026 | Commodities, Market
We have to blame the government for poor planning and execution of policies in the coal sector behind shortfall of supply to power plants. Substantial production cut (RKAB) without adjustment of domestic market obligation (DMO) policy was the main issue. As mentioned...
Jul 9, 2026 | Commodities, Market
Two companies—one trader and one coal miner—-have been indirectly blamed for short of coal supply to state electricity utility PT Perusahaan Listrik Negara (PLN) behind the blackouts in various areas even if their combined volume is not even one percent of national...
Jul 8, 2026 | Commodities
Almost a year since President Prabowo Subianto established Mineral Industry Agency (Badan Industri Mineral/BIM). Early this year, state fund management company Danantara established PT Perusahaan Mineral Nasional (Perminas), designed to focus on development of...
Jul 8, 2026 | Commodities
Brent crude oil futures stayed above US$76 per barrel in Asian trading this morning following substantial hike on Tuesday (Jul 7) due to fresh geopolitical tensions in the Middle East. Indonesia, a net importer of oil, however, proceeds with development of two major...
Jul 6, 2026 | Commodities
National media reported that state gas distribution and transmission company PT Perusahaan Gas Negara Tbk (PGAS) plans to start developing coal-bed methane (CBM) project in Tanjung Enim, South Sumatra province with estimated potential of 9.7 trillion cubic feet (TCF)....
Jul 6, 2026 | Commodities
Indonesia generated US$13.18 billion of export revenues from coal in the first five months of 2026, inched up 0.23% only from the corresponding period last year despite substantial hike of price in international market. Pretty much as predicted, lower volume related...
Jul 3, 2026 | Commodities, Market
By late 2025, state-owned company PT Agrinas Palma Nusantara (APN) controlled 1.7 million hectares of area, including forest areas seized by Satgas PKH, a task force established by Prabowo administration. Big portion of the areas will be developed into palm oil...
Jun 26, 2026 | Commodities, Market
Nickel and coal miners are gearing up preparations to best use the window for revision of their work plan and budget (RKAB), which will officially open July 1st. Subject to approval, this will likely drag further down international price of both commodities. “We need...
