PAJARO LAND

Posts Tagged ‘demand’

Cars in the domestic demand continued to grow in the first two months of this year and will increase again in March with projected sales of 55 thousand to 60 thousand units. ”The market continues to improve the car. At the January sales reached about 52 thousand units, and February 55 thousand units,” said Chairman III Indonesian Automotive Industry Association (Gaikindo) Johnny Darmawan, on the sidelines after the Toyota Eco Youth award, in Jakarta.

He was optimistic in March in domestic car sales could break the 57 thousand units, due to demand trends indicate an increase in the middle of a progressive tax policy uncertainty. ”I estimate this year’s car sales were averaging about 50 thousand per month. So if there is no political and economic instability sales could reach 600 thousand units until the end of the year,” he said. Johnny also believes Indonesia could become largest car market in Southeast Asia, beating Thailand, where political stability is not maintained and there is a progressive tax. ”The market is already saturated car in Thailand and there is political instability in that country. While still a large potential in Indonesia,” said president director of PT Toyota Astra Motor’s. He also believed in the 3-4 years ahead of its domestic car sales could penetrate one million units.

Export price of cocoa which lasted expensive or about U.S. $ 2,900 per metric ton until this weekend to make it to the Indonesian demand for commodities is still declining. ”The price of cocoa exports 2900 U.S. dollars per metric ton was up high enough compared to some months ago, so the interest decreases with the pretext of buying prices are not suitable anymore for the industry,” said President Director of PT Sarimakmur Tunggal Mandiri, Suryo Maco, in Medan.

Although demand for quiet, according to him, cocoa prices in local markets such as North Sumatra also remained high or in the range Rp26.500 per kg. ”All of mutual self help. Buyer resist purchasing, while exporters also do not want to release with lower prices because local prices too expensive to survive,” said Suryo. As a result of actions buyer who still wait and see, he said, the transaction only to meet existing export contracts. ”It is difficult to detect subsequent requests including whether the price could go down or even go up again, because many factors that affect transactions or prices on international markets,” he explained. He mentions, although North Sumatra cocoa production is not too large, but demand is high enough into the area because of the typical cocoa flavor. ”This year it’s lonely and it demand for the impact of global crisis,” he said.

BPS Chief of North Sumatra, Alimuddin Sidabalok, mentions, compared to a group of other goods, the value of foreign exchange earnings from cocoa, including a low-cut at this year. In January-September 2009 for example, he said, the value of cocoa exports fell only 3.97 percent of North Sumatra to 77.964 million U.S. dollars from the same period last year which reached 81.188 million U.S. dollars. While other commodity export values fell an average of over 10 percent. ”Even animal fats and oils / vegetable export value fell to 46.78 per cent,” he said.