Indonesia commodity index slumps 20%

Coal and palm oil prices dropped 30% and 16% respectively since 1Q11.

According to DBS Group Research, commodity prices have not been favorable to Indonesia for the past several quarters. Coal prices have dropped by around 30% since 1Q11, palm oil prices are down by around 16%. The broader CRB index is down by 20%. This has a large impact because commodities make up around 50% of exports.

Here's more from DBS:

Indeed, the non-oil commodity trade balance has narrowed from a peak of USD 8.7bn in May 2011 to USD 6.8bn in April 2012 as price effects drove non-oil commodity exports down from USD 9.0bn to USD 7.7bn over the same time period. Had commodity prices been 10% higher, the country could have avoided the trade deficits registered in April and May.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia