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commodity

India's monsoon rains hit five-year low due to El Nino
Asia & Pacific 2 years ago

India's monsoon rains hit five-year low due to El Nino

The monsoon, which is vital for India's $3 trillion economy, brings nearly 70 percent of the rain the country needs to water crops and replenish reservoirs and aquifers. 
Trade shrinks but remains in surplus for 38th consecutive month
Economy 2 years ago

PREMIUM
Trade shrinks but remains in surplus for 38th consecutive month

Exports and imports both nosedived last month in a reflection of a slowing global economy, but Indonesia maintained its trade surplus for a 38th month in a row.
Australian coal earnings expected to plummet
Economy 2 years ago

Australian coal earnings expected to plummet

The Department of Industry forecast shipments of thermal coal -- used in electricity production -- would be worth US$20 billion, down from US$43 billion this year.
Commodity downturn to eat into state revenue, Finance Ministry says
Economy 2 years ago

PREMIUM
Commodity downturn to eat into state revenue, Finance Ministry says

Lower world commodity prices will impact state revenue this year, the Finance Ministry has said, as the sector accounts for a significant portion of the government’s tax and nontax income.
Reality check needed for the global economy
Academia 2 years ago

Reality check needed for the global economy

Although banks are stronger than before, pockets of vulnerability remain, especially where rules to make banks stronger were not applied to smaller banks. 
India's palm oil imports hit 27-month low
Economy 2 years ago

India's palm oil imports hit 27-month low

Palm oil imports by India fell to 441,000 tonnes last month, down 14 percent from 510,094 tonnes in April, according to average estimates from the dealers. May imports were the lowest since February 2021, the dealers added.
EU policies to accelerate need for adoption of Indonesia’s sustainability focus
Academia 2 years ago

EU policies to accelerate need for adoption of Indonesia’s sustainability focus

Food and land-use systems account for around a third of all greenhouse gas emissions and it is land-use change, such as clearing forests to make way for farms, that drives these emissions.
Bracing for another wave of energy commodity-driven turmoil
Economy 2 years ago

PREMIUM
Bracing for another wave of energy commodity-driven turmoil

The impact of commodity market volatility on the global economy appears to have stabilized, as countries around the world implement coping mechanisms following the sustained turmoil of 2022.
Revealing the unpopular truth of mining: Intertemporal optimization
Economy 2 years ago

PREMIUM
Revealing the unpopular truth of mining: Intertemporal optimization

In 2022, Indonesia succeeded in increasing its production of strategic mineral and energy commodities, such as coal and nickel. The increased production has been a windfall for Indonesia, as 2022 has been a year of commodity price surges. However, the "business as usual" approach to mineral and energy mining often overlooks the concept of intertemporal optimization, which is of utmost importance for the sustainability of the mining industry itself.
Six key trends to watch in 2023
Academia 3 years ago

Six key trends to watch in 2023

India is expected to overtake Japan and Germany to become the world's third largest economy by 2030. 
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