Jun 13, 2012 | Industries
China has grown its methanol production capacity from 6.16 million tons in 2003 to 20.6 million tons in 2008 and further up to to 50 million tons per annum this year. Unbelievable! Indonesia, the largest LNG exporter in the world, unfortunately, only has less than 1...
Jun 12, 2012 | Agriculture, Industries, News Group
Recovery of palm oil prices is important for Indonesian economy. Other than being the second largest export earner behind coal with export value of US$17.6 billion in 10 months of 2012, the industry contributed to strong consumption outside Java, especially in Sumatra...
Jun 12, 2012 | Commodities, Industries, News Group
As major coal producers are nervously entering negotiation rounds for 2013 pricing, smaller players are quietly taking away portion of the market. We will see more players, instead of less, entering the market next year onwards with main target markets of China and...
Jun 12, 2012 | Industries, News Group
In contrast to Telkom, Indosat, and XL Axiata, shares of Bakrie Telecom (BTEL) have rocked bottom to a point where it can’t drop further. The stock stayed at Rp50, the lowest quoted price (cushion price) on IDX, for sometime already. We had a chance to talk...
Jun 11, 2012 | Commodities, Industries, News Group
Pressures on coal shares continued worldwide Tuesday (November 6) as Indonesian coal exporters are starting to negotiate with buyers about volume and pricing for 2013 supply. In this report: (1) Indonesia Coal Reference Price, (2) Newcastle Port, (3) Indika Energy,...
Jun 9, 2012 | Agriculture, Industries, News Group
Early last decade, worldwide investors were screwed by global default of APP’s US$15 billion bonds. APP is forestry division of Sinarmas Group. Today, Golden Agri-Resources, plantation arm of Sinarmas, offers $500 million convertible bonds due 2017. Citigroup,...
Jun 8, 2012 | Commodities, Industries, News Group
Indonesia has been struggling to regain its position as a net oil exporting country. The country lost its membership in OPEC because of declining oil production in one side and growing domestic consumption on the other side. Yet, the Upstream Oil and Gas Regulatory...
Jun 8, 2012 | Industries, Mining, News Group
There are at least 185 companies planning to build mineral processing facilities in the country to comply Law No 4/2009 about mining and coal, which obliges domestic processing by 2014. If all of the smelters will be built, the country needs substantial amount of...
Jun 6, 2012 | Agriculture, Industries, News Group
What an irony! Wilmar International is one of bell-weathers of Singapore Exchange (SGX). Wilmar’s subsidiary PT Cahaya Kalbar (CEKA) Tbk, meanwhile, is one of the sleeping stocks on Indonesia Stock Exchange (IDX), with less than 2 million shares exchanged per...
Jun 5, 2012 | Industries, Mining, News Group
Shipping companies worldwide have yet to recover from commodities crash in 2008 and the global economic downturn. The Baltic Dry Index, for example, hovers around 1,000, way below its peak (above 8,000). Indonesia’s new regulations on mineral export might just...
