Production report of First Resources Ltd and Bumitama Agri Ltd, both are listed on Singapore Exchange but with plantation areas mostly located in Indonesia, for the period ended September 30, 2015 shows no indication of El Nino.

Metals ended mostly higher grounds in London Metal Exchange (LME) Thursday (Oct 15) even though crude oil continued its correction. Nickel, by far, is the best performing metal with 7.4% gain since September 8, 2015. In the meantime, President Jokowi has finally signed government regulation for the capital injection of Rp3.5 trillion into state miner PT Aneka Tambang (ANTM) Tbk.

Asian stocks end mostly lower ground Wednesday (Oct 14) to respond China’s September trade data, which suggests weakening of domestic economy and export. Shanghai’s SSE Composite Index lost 0.93%, while Hang Seng Index dropped 0.71%. Wall Street followed with Dow Jones Industrial Average (DJIA) losing 0.92%, while Nasdaq composite slipped 0.29%.

All Ordinaries dropped further by 0.87% Tuesday (Oct 12) morning, dragged down by bellwether BHP Billiton, the world’s largest mining company. Earlier in New York, Freeport McMoRan lost 4.1%, while Vale down 4.2% on profit taking, because metals only retreated slightly in London Metal Exchange.

Bumi Resources (BUMI) jumped 25% Monday (Oct 12) morning in Jakarta, even though reference price of Indonesian thermal coal dropped further by 1.46% to US$57.39 per ton for October. Vale Indonesia (INCO), meanwhile, advanced 3.9% as nickel soared 7% in London Metal Exchange Friday.

Shares of Glencore Plc advanced 7% in London Friday (Oct 9) as its decision to cut significantly zinc production prompted rallies in metals worldwide. Copper jumped 3.26% in New York, while zinc itself soared 10% in London Metal Exchange. Anglo American, another mining giant, advanced 7.23% in London, while Lonmin hiked 16.2%.

Composite index of Indonesia Stock Exchange (IDX) gained 2.18% to 4589 Friday (Oct 9), but off its high (4612). Still among the best performing emerging market, the index was lifted by broad market sentiment and speculation in energy stocks. Bumi Resources (BUMI), the largest coal producer in Indonesia, jumped 34% with almost half billion shares exchanged hands.

PT Perusahaan Gas Negara (PGAS) Tbk has gained 34.4% from its bottom this year, but still among the worst performing stocks on IDX. It lost 52% this year due to a combination of factors, including slowdown of domestic economy, higher financial charges, and the troubles at floating storage and regasification unit (FSRU) in Lampung, Sumatra. Have we seen the lights from the FSRU?