The Indonesian government reached a deal with lawmakers late Wednesday to revise down its targets for subsidized fuel consumption and crude production in its 2014 budget to make the figures more realistic, officials said. The measure cuts ...
Tags: fuel consumption, crude production
Russian aluminum producer Rusal said Monday that it is bullish on the near term prospects for the aluminium market and believes that the price is undervalued. "A number of influential factors that have emerged in recent weeks cause the ...
Tags: Aluminum Market, raw materials
Monsoon rains limited Indian buying of Indonesian thermal coal, while lending restrictions muted demand from China, market sources said on Friday. An Indian end user said buyers had refrained from purchasing imported cargoes because of ...
Tags: Thermal Coal, Limited Demand
Garments accounted for more than half of all textile exports from Indonesia last year, according to the figures from the Ministry of Industry. In 2013, Indonesia's total textile and apparel exports stood at US$ 12.68 billion. Of this, ...
Tags: Textile
The Ministry of Industry has issued a new Decree of Minister of Industry No. 07/M-IND/PER/2/2014 for the compulsory implementation of Indonesian National Standard (SNI) 7617:2013. SGS has been accredited for SGS Textile Testing Laboratory ...
Tags: Baby Clothing, SGS
Indonesia, the world's largest exporter of thermal coal, plans to build 14 dedicated coal terminals in the islands of Kalimantan and Sumatra in a bid to curb illegal coal exports, a government official said Monday. Around 50 million-60 ...
Tags: thermal coal, coal terminals
Few spot deals for Indonesian thermal coal were reported Wednesday, as Indian buyers opted to purchase from port stocks while Chinese demand remained inactive, sources said. A Dubai-based trader said he had seen many inquiries from Indian ...
Tags: thermal coal, Chinese demand
Sentiment in India following the general elections appears bullish, boding well for the Indonesian thermal coal market, but there is no near-term catalyst being seen to drive Chinese demand up, sources said Friday. "It would still require ...
Tags: Thermal Coal, Mineral
The Chinese thermal coal market is seeing some positive fundamental trends in the near term, helped by coal investment cuts, production declines and a slowdown in imports, even as seasonal weakness is expected to weigh on the market, an ...
Tags: Thermal Coal, Coal
Production cuts at Indonesian thermal coal mines could only at best help stabilize prices but further gains would be capped by sagging demand from both India and China in the spot market, sources said Wednesday. A Singapore-based trader ...
Tags: Thermal Coal, thermal coal mines
Agri-business company Olam International plans to invest around $61m to build a new cocoa processing facility in Indonesia. The facility will produce cocoa butter, cocoa cake and high quality cocoa powders, with an initial capacity of ...
Tags: Agri-business, Olam
Indonesian thermal coal prices were steady Friday amid reduced production and weak demand from China and India, sources said. "Demand has been flat. There has been no real movement," an Indonesia-based trader said. A Singapore-based ...
Tags: Thermal Coal, Flat Demand
Indonesian thermal coal prices were stable to higher on Monday with very few deals reported as the market awaits direction from India after the end of its month-long elections later this week, sources said. "Prices have been more or less ...
Tags: Thermal Coal, Indian demand
Datsun, a Japanese subsidiary of the car manufacturer Nissan, has launched its first car for the Indonesian market, the Datsun GO+ Panca. Built at Datsun's new plant at Purwakarta in West Java, the new GO+ is a five-door multi-purpose ...
Tags: Indonesian Market, Datsun
Indonesia's Newmont Nusa Tenggara was expected to reduce production at its Batu Hijau copper and gold mine around June 1, unless it is able to complete the process to secure an initial export permit from the government, the company said ...
Tags: Copper Output, PT Smelting