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Friday, 22 April 2022
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At the beginning of 2022, the movement of the global economy is still overshadowed by the COVID-19 virus. Although the effect has subsided for the Delta variant, the Omicron variant which was only detected in November 2021 poses a new threat to various sectors, including commodities.
Articles
Friday, 22 April 2022
Publication
Gold has been known for a long time, both as jewelry and as an investment asset and a hedge against economic and political conditions. The use of gold as jewelry among the public has increased the popularity of gold, outperforming other metals such as silver and platinum.
Articles
Digital gold allows investors to buy their gold online and does not depend on direct physical transactions, making it easier, safer and more practical. Physical gold, which is represented by digital gold, is stored in a vault that is insured by the seller on behalf of the customer. This is what helps investors overcome problems in conventional gold transactions.
Weekly Report
Thursday, 14 April 2022
Publication
ICDX tin price in the week ending April 8 closed down by 0.74 percent. Indonesia's tin export activities are starting to recover along with the increasing number of exporters who have obtained export permits, making supply stable again.
Articles
USDSGD Transaction Opportunity, Will it Be as Big as the “Port”? Singapore is well known by the global community as a hub that connects one country to another. The liaison role has become one of the major sources of state income for Singapore to be able to develop its economy to date.
Weekly Report
Friday, 08 April 2022
Publication
The movement of oil prices in a week was dimming, overshadowed by the threat of excess supply after the US announced (30/3) that it would release oil from strategic reserves in fantastic amounts.
Weekly Report
ICDX CPOTR price rose 1.90% in the past week, the price increase due to a number of global and domestic issues moved CPO prices to reach the range of IDR 22,/Kg. From the domestic side, the Indonesian government announced to abolish the Domestic Market Obligation (DMO) policy. This regulation requires CPO producers to sell 30% of the total production for resale to the country. The effect of the abolition of this regulation makes exports of CPO positive and prices increase.
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