Friday 24 February 2012

Indonesia Rubber Export

 Indonesia Rubber Export

Medan, Indonesian - The volume of rubber exports of North Sumatra Province from January to November 2011 rose 5.4 percent over the same period last year, reaching 495 046 042 kilograms."The increase in export volume is encouraging and is expected by 2012 this will rise again because of the need to increase despite the global crisis is still being felt," said Executive Secretary Company Rubber Association of Indonesia (Gapkindo) of North Sumatra, Edy Irwansyah, in Medan.


The increase in export volume in 2011 was more encouraging as the total value of commodity exports also rose even though the price had plummeted in recent months of 2011.Value of exports was driven up prices soaring since the beginning of the year in the range of 4 U.S. dollars per kg"But despite the drop, it's not until the selling price of less than 3 U.S. dollars per kg as a concern in light of weak demand and price pressure from the economic crisis in the United States and Europe," he said.He acknowledged that for shipments in January 2012, Indonesia rubber export prices jensi SIR 20 still survive in the range of $ 3-an or 3.2 U.S. dollars per kg and even to the transaction in February fell to 3.243 U.S. dollars per kg."But according to estimates, rubber prices could rise again as crude oil prices expected to rise at the beginning of this year, he said.Crude oil price increases are usually made of natural rubber prices rose as buyers boost from switching to natural rubber rather than synthetic rubber will be more expensive.Rubber traders in North Sumatra, M. Harahap, said that if the price of rubber (bokar) in manufacturing remained low in the range of Rp25.200 - Rp27.200 per kg due to low export prices.Rubber supply from the farmers themselves are still tight production induced down and off the end of 2011, he said. Labuhan Batu rubber farmers in the South, K Siregar, said the farmer getting thin latex stock for the rainy season makes penderesan disturbed.Stocks with low and prices are likely to remain low in the range of Rp13.000 - 15,000 per kg it makes the farmer is still worried."If prices continue to fall until this year, farmers increasingly clear there is a possibility kesulitan.Apalagi prices of various goods more expensive," he said.He admits, though today's farmers hard, but still better than at the time of monetary crisis in 1997/1998 at which time bokar not sell even at a low price following a slump in prices and export demand.

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