Stronger Demand, Export Price of Coffee Improved
By : Herry Barus And Aldo Bella Putra | Tuesday, July 10 2018 - 19:00 IWST
Kopi Indonesia (Foto Ist)
Related News
INDUSTRY.co.id - Medan - Indonesia's Arabica coffee export price is still improving, reaching the level of 6.5 US dollars per kg, due to strong demand.
"With a pretty good price, then the price in the local market is also better or Rp75.000 per kg," said Chairman of the Association of Indonesian Coffee Exporters (AEKI) Irfan Anwar in Medan, Monday (9/7/20180.
According to him, the improvement in prices, among others, triggered the strengthening of demand and production that is not too much.
"Hopefully, the price will keep getting better for farmers to grow their coffee," said Irfan.
Head of the Central Bureau of Statistics or BPS Sumut, Syech Suhaimi admitted, exports of coffee, tea and spices North Sumatra in January-May 2018 increased.
The export value of the goods category rose 2.12 percent from the same period in 2017.
If in January-May 2017 the value of coffee, tea and spice exports amounted to 192.762 million US dollars, then in the same period 2018 rose to 196.877 million US dollars.
Read Also
Constellar Launches Singapore’s First Dedicated Exhibition Platform…
President Jokowi Calls for Measures to Improve W. Papua’s Agricultural…
SEA’s Largest Glass Company to Launch Groundbreaking at Batang…
President Jokowi Inspects Rice Milling Unit in Malang Regency
President Jokowi Inspects Rice Harvest in Indramayu
Today's Industry
Jumat, 26 November 2021 - 16:11 WIB
FUSE Being The Only Insurtech From Indonesia Included In "The World's Top 100 Insurtech 2021"
Sønr Global, the world's leading market intelligence platform designed specifically for the insurance industry, along with leading consultant Ernst & Young (EY), have just released the World's…
Jumat, 26 November 2021 - 15:00 WIB
Ahead of IPO, DRMA Stimulates Electric Vehicle Component Business Opportunities in Indonesia
PT Dharma Polimetal Tbk (“DRMA”), an automotive component manufacturing company belonging to the Triputra Group which is planning to conduct an Initial Public Offering (IPO) at the end of…
Jumat, 26 November 2021 - 14:10 WIB
OSBIOME: Personalised Self-Care Platform For Optimum Health Management Through The Gut
Discussing gut issues such as bloating, diarrhoea and constipation with your partner, family or close friends can be embarrassing and disheartening. Many also tend to shrug off the pain and…
Jumat, 26 November 2021 - 13:25 WIB
Citi Indonesia Posted Rp869 Billion in Net Income during Third Quarter of 2021
Citibank N.A., Indonesia (Citi Indonesia) posted a Net Income of Rp869 billion during the third quarter of 2021. The earning is lower than the same period last year, driven by lower trading…
Rabu, 24 November 2021 - 21:00 WIB
What vulnerabilities and security issues plague web and mobile apps?
One of the most compelling reasons organisations use third-party application security testing is to extend their own software security testing capability when circumstances make adding new resources…
Industri Populer
Magazine
CAREER
News Comment