ESSENTIAL OIL AND INCREASE IN EXPORT OF TIN Target 5 to 20% THIS YEAR 2010

Friday, February 19, 2010

Commitment of employers to improve the performance of essential oil industry targets Indonesia's export value in 2010, Essential was increased to 5%. Essential Council believe Indonesia can achieve this goal, the realization of the export value last year of around U.S. $ 150 million with total export volume of 5000 tons, the target will be achieved through four commodities namely nutmeg, clove, patchouli, and sitrunela.

Oil exports are not only open for a long time player only, but also for new players are also engaged in oil exports are also expected juga.departemen agricultural development of these essential oils, are essential commodities and to potential end users. These essential oils utilized by many in the perfume industry and also the current spa trend has become and continues to increase. Therefore, the department continued to improve varieties, empowerment of farmers helping farmers processing unit itself. Seed breeding and developing research.

Essential development of central spread in almost all regions in Indonesia up in rural areas though, such as in Aceh Besar district, Pasaman, brass, blitar, pak-pak west, and Kalimantan. The nutmeg in the field developed in the area, manado, Bogor, and Sukabumi.

Essential exspor market is EUROPE, AND THE USA, but according to some market participants, exspor last year affected by the impact of the global financial crisis that request down and eventually falls exspor value. Among the needs of the Indonesian world market to participate in such a brisk trade in cloves, PATCHOULI, PALA, AND SITRUNELA. Four commodities are entered into 20 major commodity essential oils of the most in need in the world.

While prices keep rising tin prices during the month of January 2010 has not been able to improve the performance increase in Indonesian tin exports. As proof of the export volume of tin bars in January 2010 fell by 20.4% reached in December than in 2009. While the number of 8508.36 tonnes in December 2009 to 6774.57 in January 2010.
The value of exports in the same period decreased 13.8% from U.S. $ 119.38 million to U.S. $ 102.90 million. As notes during January 2010 the average tin price of U.S. $ 17,200 per ton rose to 59.3% from the average price in January 2009 which amounted to U.S. $ 18,425 per ton. Highest in a year too late.
The decline of tin export performance is expected in the production because of the reduced impact on the state is also the vice chairman of TIN INDUSTRY ASSOCIATION INDONESIA (AITI).

Tin production decreased since the effects of weather, especially wind west. If you want things to come, rainfall will be high. As a result of tin production will be disrupted. Director General of Foreign Trade of Indonesia mentioned decline in tin exports are also affected by annual factors, namely falling demand in the early years. As has been often experienced in early January the demand always decreases and tends to fall of demand in the months beyond that. For the month of February 2010 was in exports expected to fall again in January in the year than in 2010. Considering supply will lead to lower than previously. As a result of the influence of the west wind weather is still very bulam felt until the mid-March on.
Decrease in production would affect the export of tin during the month this February. Estimated exports in this month of February will be reduced to 5% below the value of exports and the number that usually, that the estimate in February this will only be able to export about 6,000 tons of it.

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