Market Fundamentals: Dollar Index (USDX) traded sideways within 103.50 – 104.50 region last week but pulled up on Friday. This week, we foresee very volatile market in Dollar trend due to the uncertai…
Agriculture
Commodity Market Report – 28 Oct 2024
Gold spot prices traded largely within USD2720 – USD2760 /oz as we predicted last week. The market is prone to climb higher in coming weeks due to the potential fall in Dollar. This week, we rec…
Weekly Rubber Report – 28 Oct 2024
Market Fundamentals: Rubber prices stayed weak last week due to persistent strengthening of the U.S. Dollar. This week, market traders will closely monitor the upcoming fiscal data from Japan and U.S.…
Commodity Market Report – 21 Oct 2024
Gold spot prices ascended and closed at record high USD2720 /oz on Friday. This week, we predict the yellow metal will continue to climb into the uncharted territory and aim for the USD2800 /oz target…
Weekly Rubber Report – 21 Oct 2024
Market Fundamentals: Dollar Index (USDX) topped off 103.70 level and probably will move into sideways correction. We expect a tight range within 102.70 – 103.50 will occur this week. Precious metals h…
Commodity Market Report – 14 Oct 2024
Gold spot prices were well supported above USD2605 /oz last week. This week, we target an initial range to trade within USD2620 – USD2680 /oz region. Piercing above this range will aim for USD27…
Weekly Rubber Report – 14 Oct 2024
Market Fundamentals: Dollar Index (USDX) strengthened last week while trading within 102.00 – 103.00 region. Rubber prices jittered and waned a little bit but still supported by bargain-hunters. This …
Commodity Market Report –7 Oct 2024
Gold spot prices traded in small range last week and revolved around USD2650 /oz. Market has behaved strong despite the Dollar regained strength. This week, we target the initial rangebound movements …
Weekly Rubber Report – 7 Oct 2024
Market Fundamentals: Dollar Index (USDX) surged last week from below 100.00 benchmark to above 102.00 for the weekend close. This week, we foresee the greenback might trade into a technical correctio…
Indonesia targets coconut biofuel production with Japan’s technology
The Indonesian government has laid out a roadmap for the downstream processing of coconut products as part of its National Long-Term Development Plan (RPJPN) for 2025-2045. One of the key areas of foc…