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Yah, you are right, and with that slight deficit of trade, China has impose tariff on our stainless steel product just recently. On the other hand China product has flooded our other market and we dont set any hurdles on their product just like how they set hurdles on us when they experience deficit. I think we are too soft on them.

Sometimes it is perk for being creditor Nation, they give loan for some projects but in case they will restrict we just can use their products like steel, machinery and so on.
 
So we do the same way to..we give china product 100% for anti dumping tarrif too..

Ya, it should be, but currently only 15 % tariff being imposed by finance minister starting this year, thats why I said we are still soft on this matter. I want to see Jokowi replace current trade minister, his policy on textile trade is also benefiting China.
 
Mining Giant to Spend Billions to Halt Indonesian Metal Imports
By
Eko Listiyorini
and
Tassia Sipahutar
July 19, 2019, 4:00 AM GMT+7 Updated on July 19, 2019, 9:42 AM GMT+7
  • Inalum targets $5 billion to $10 billion over five years
  • State firm in talks to acquire 20% stake in Vale Indonesia
Indonesia plans to spend billions of dollars in building aluminum and nickel smelters as it seeks to cut reliance on imports of finished metal and stem exports of raw minerals.

State-owned PT Indonesia Asahan Aluminium will earmark as much as $10 billion over the next five years to develop refineries and smelters, according to President Director Budi Gunadi Sadikin. The investment will be made by the company and its units including nickel and bauxite miner PT Aneka Tambang, he said.

Indonesia is seeking to reshape its mining industry by making it mandatory for miners to build smelters after decades of free exports of raw materials left it reliant on costly imports to meet demand. The company is investing $850 million in building a 1-million ton smelter-grade alumina refinery in West Kalimantan that, when completed in 2022, will help reduce the country’s 500,000 tons of alumina imports each year, Sadikin said.

“The refinery will use Indonesia’s abundant bauxite supply,” Sadikin said in an interview at his office in Jakarta on July 16. “This is an energy-intensive industry. We can benefit from abundant water supply and construct hydro power plants.”

Bauxite Reserves
Inalum plans to ramp up the capacity of its Mempawah refinery to 2 million tons eventually and export half its output as global demand for the metal has been steadily rising in recent years, Sadikin said. Inalum, which has access to an estimated 579 million wet metric tons of bauxite ore reserves through Aneka Tambang, known as Antam, plans to boost aluminum production to 2 million tons by 2035 from 250,000 tons now, he said.

Indonesia Sees Minerals, Coal Investment Rising to $8.9B in 2020

Inalum, which owns a controlling stake in the world’s second-largest copper mine, is seeking to compete with mining majors such as Rio Tinto Group, United Co. Rusal and Aluminum Corp of China Ltd. with its expansion, Sadikin said.

The company’s expansion plans will not be without hurdles, Sadikin said, adding securing permits for hydro power plants in Indonesia were still difficult. However, Inalum is seeing rising demand of aluminum from its clients, whose operations span from automotive to construction. PT Toyota Motor Manufacturing Indonesia has ordered the metal for its car rims, while state electricity company PT Perusahaan Listrik Negara is seeking it as light-weight transmission cables, Sadikin said.

Vale Stake
Inalum is also close to sealing a deal with nickel miner PT Vale Indonesia to acquire a 20% stake and the purchase may help tighten its grip in nickel production as demand for the metal soars from battery makers for electric vehicles. The acquisition will be based on Vale’s current market price, he said.


The nickel major, majority owned by Vale SA, has until October to sell the stake to Indonesian buyers under its contract of work with the government. Vale’s 20% stake will be valued at about $465 million at current market price, according to data compiled by Bloomberg.

Vale Indonesia shares advanced as much as 3.8% in Jakarta trading on Friday, while Antam jumped as much as 3.7%, outpacing the 0.6% gain for the broader Jakarta Composite Index.

Inalum’s other expansion plans include:

  • Antam developing a $458 million plant to produce 13,500 tons of nickel contained in ferronickel with operations set to start later this year
  • Coal miner PT Bukit Asam is developing a $1.7 billion coal-pit power plant with a capacity of 2 x 620 megawatt with the facility expected to commence in 2022
  • Bukit Asam also working on a $3.1 billion coal-gasification project with capacity to produce 570,000 tons of urea, 450,000 tons of polypropylene and 400,000 tons of dimethyl ether. Operations set to start in 2023
https://www.bloomberg.com/news/arti...iant-to-spend-billions-to-avert-metal-imports
 
Jokowi infrastructure project 2019-2024

 
Indonesia is unlikely to begin natural gas imports in 2025: minister
July 31, 2019 / 12:21 PM / Updated

JAKARTA (Reuters) - Indonesian Energy Minister Ignasius Jonan told reporters on Wednesday the country is unlikely to begin natural gas imports in 2025 as initially expected because some big gas projects will start production, reducing the need for overseas shipments.

The government previously estimated Indonesia will have a gas deficit by 2025 and would need to start importing the fuel.

“That was the previous calculation we made before discoveries (of new fields),” Jonan said on Wednesday.

Indonesia upstream oil and gas regulator SKK Migas said projects such as Sakakemang and the Tangguh Train 3, among others, are expected to start operating before 2025.

SKK Migas Chairman Dwi Soetjipto said although he expects the volume of domestic gas consumption to increase by 2025, he estimated the portion of domestic use will stay at the current level of 60% of the country’s natural gas production in 2025.

“Growth of (domestic) demand is not expected to surge but production growth is expected to jump with the start of Jambaran Tiung Biru and Tangguh Train 3,” Soetjipto said.

BP’s Tangguh Train 3 project, in the eastern province of West Papua, is expected to start production in 2022, he said, with production capacity of around 3.8 million tonnes per year. Pertamina’s Jambaran Tiung Biru project in eastern Java will start in 2021.

The regulator is also maintaining its projection that Chevron’s Indonesia Deepwater Development (IDD) project will start operations in 2024.

Meanwhile, the government has said Repsol’s Sakakemang gas project, which has an estimated 2 trillion cubic feet gas resources, is estimated to come onstream within three years from 2019.

Reporting by Wilda Asmarini and Fransiska Nangoy; editing by Christian Schmollinger

https://www.reuters.com/article/us-...al-gas-imports-in-2025-minister-idUSKCN1UQ0F7
 
Indonesia biggest and second biggest state owned companies are all lead by women.

Pertamina Director (Nicken Widwati)
nicke-widyawati.jpg


PLN Director (Inten Cahyani)
Dirut-PLN-Sripeni-dok-cnnindonesia.jpeg
 
Indonesia's Q2 Growth Disappoints, Sparking Financial Market Sell-Off


AUGUST 05, 2019

Jakarta. Indonesia's economic growth leveled off slightly in the second quarter as an investment slowdown and lower exports wiped out the boost from the elections and festive spending, according to data the national statistics agency released on Monday.

Southeast Asia's largest economy expanded 5.05 percent in the April-June period, compared with 5.07 percent in the previous quarter.

That was the slowest pace in the past six quarters and a far cry from the government's 5.2 percent target for this year.

The April presidential and legislative elections, followed by Ramadan and the Idul Fitri holiday in May and June, provided a much-needed boost to domestic demand as private consumption rose 5.17 percent and government spending jumped by 8.2 percent.

Yet, investment only grew 5.01 percent in the period, while imports, two-thirds of which comprised raw materials and machinery for Indonesian industries, contracted by 6.7 percent.

Declining commodity prices and lower demand in the global market also pressured the country's exports, which fell 1.8 percent in the second quarter.

"It's expected that the global economy had slowed down in the second quarter. That was reflected in weak global trade and industry data," Suhariyanto, head of the Central Statistics Agency (BPS), said on Monday.

The news added to concerns in the financial market, which is already on edge after last week's latest salvo in the ongoing trade war, when United States President Donald Trump imposed tariffs on additional imports worth $300 billion from China.

The Jakarta Composite Index dropped 2.5 percent at the break on Monday, its steepest intraday close in months.

Yield of the government's 10-year bond rose to 7.5960 percent from 7.4645 percent last week, indicating a sell-off as bond yield moves inversely to price.

The rupiah slipped 0.19 percent to 14,231 to the US dollar, its lowest level in more than six weeks.

https://jakartaglobe.id/context/indonesias-q2-growth-disappoints-sparking-
financial-market-selloff

At least we still can grow 5 % while Singapore grow only 0,1 percent in Q2 and Malaysia around 4 %. Rupiah on the other hand seems worrying.
 
Palm oil solid wood as substitute for tropical woods, Indonesia can export palm oil woods in large number

Menggali Potensi Kayu Sawit
Berita Lintas |05 August 2019 , 08:28 WIB |Hit : 13960 |by : Administrator




InfoSAWIT, BOGOR - Tidak bisa dipungkiri saat ini industri perkayuan mengalami mati suri lantaran pasokan bahan baku dari hutan alam semakin menipis.

Indonesia setiap tahun diperkirakan defisit kayu sebesar 50 juta m³/tahun, padahal ketika tahun 1980an dimasa jayanya dulu mampu memproduksi kayu hingga 70 juta m³/tahun.

Tidak diimbanginya permintaan kayu hutan alam dengan penanaman secara intensif menghantarkan pada masalah lingkungan dan defisiensi kayu nasional, akibatnya sekarang kayu hutan semakin sulit didapat, disamping menimbulkan kecemasan pada semua pihak pengguna kayu.

Salah satu imbasnya pada industri playwood, yang ditandai dengan banyaknya penutupan perusahaan playwood akibat kekurangan bahan baku. Sementara bahan pengganti kayu seperti baja, aluminium, plastik, dan bahan lainnya bersifat nonbio degradable, ternyata dikemudian hari malah akan menimbulkan masalah lingkungan.

Bahan baku menjadi kunci penting berkembangnya industri pengolahan kayu di Indonesia, oleh karenanya mesti dicari solusi pengganti kayu yang kian defisit.

Salah satunya ialah kayu sawit yang merupakan solusi terbaik sebagai alternatif untuk menyuplai bahan baku kayu nasional. “Prospek bisnis kayu sawit ke depan sangat terbuka, disaat terbatasnya kayu dunia sekitar 300 juta m³/tahun. Sementara bahan bakunya semakin langka, sehingga bahan baku alternatif dengan jumlah besar adalah kayu sawit,” ujar Peneliti Teknologi Kayu Badan Litbang Departemen Kehutanan, Jamal Balfas.

Masih menurut Jamal, banyak manfaat yang diperoleh dari kayu sawit diantaranya: Pertama, potensi kayu sawit terdapat dalam jumlah besar dan akan terus meningkat di masa mendatang, sehingga memberikan jaminan ketersediaan bahan baku dalam jangka waktu yang tidak terbatas.

Kedua, produk kayu sawit secara utuh (solid wood) belum pernah diproduksi secara komersial oleh negara manapun di dunia, sehingga produk ini bersifat unik dan spesifik Ketiga, pemanfaatan kayu sawit sebagai substitusi kayu tropis memiliki aspek lingkungan yang sangat baik dalam kaitannya dengan peningkatan upaya nasional dan internasional dalam penyelamatan hutan tropis.

Bila dihitung, peluang kayu sawit sebagai bahan baku kayu sangat besar, berdasarkan perhitungan Jamal, satu hectare (ha) kebun kelapa sawit berpotensi menyediakan 220 m³ atau mencapai 60-70 ton/ha kayu dengan asumsi terdapat 120 pohon/ha.

Sementara bila setiap tahun dilakukan peremajaan seluas 50.000 ha maka berdasar perhitungan matematis akan didapat kayu sawit sebanyak 11.000.000 m³.

Ternyata permintaan untuk kayu sawit saat ini cukup besar, selain untuk memenuhi kebutuhan kayu di dalam negeri, banyak pula permintaan yang datang dari pihak luar negeri seperti Eropa dan negaranegara Timur Tengah.

“Dahulu ketika baru menguji coba produksi di PT Inhutani I ada permintaan besar dari Belgia untuk belasan ribu unit rumah. Selain itu permintaan juga dating dari negara Saudi Arabia, Qatar, Oman, dan Jepang,” ungkap Jamal kepada InfoSAWIT.

Selain pasar yang cukup menjanjikan rupanya dari segi harga kayu sawit lebih murah ketimbang harga hutan kayu alam. Kayu sawit bisa dijual seharga Rp 200.000/ m³, sementara kayu sengon saat ini mencapai Rp 700.000/m³ (catatan: harga berdasarkan harga tahun 2009).

Secara umum penggunaan kayu sawit paling besar digunakan untuk komponen barang konstruksi rumah seperti kusen, jendela, partisi, dan furniture. Selain itu keunggulan yang dimiliki kayu sawit diantaranya; harga kayu atau biaya eksploitasi sangat rendah, tidak mengandung mata kayu, mudah diberi perlakuan fisis, mekanis dan kimia, serta jaminan pasokan yang terus meningkat di masa mendatang.

Apalagi jika diolah dengan treatment yang baik maka daya tahan kayu sawit bisa mencapai 50 tahun. Sedangkan kekurangan kayu sawit ini adalah kandungan air pada kayu segar sangatlah tinggi, dapat mencapai 500%, kandungan zat pati sangat tinggi (pada jaringan parenkim dapat mencapai 45%), keawetan alami sangat rendah dan dalam proses pengeringan terjadi kerusakan parenkim yang disertai dengan perubahan dan kerusakan fisis secara berlebihan terutama pada bagian kayu yang struktur kerapatannya rendah.

Namun, kini sudah ditemukan cara menangani permasalahan tersebut yakni dengan memberikan perlakuan khusus seperti mencampurkan atau menyuntikkan bahan liquid ke dalam kayu sawit berupa resin. Resin sendiri adalah zat kimia dari getah pinus untuk menyempurnakan sifat kayu sawit karena tanpa treatment itu tidak bisa diolah lebih lanjut. (T2)

Terbit pada majalah InfoSAWIT cetak Edisi Juni 2009
 
Palm oil solid wood as substitute for tropical woods, Indonesia can export palm oil woods in large number

Menggali Potensi Kayu Sawit
Berita Lintas |05 August 2019 , 08:28 WIB |Hit : 13960 |by : Administrator




InfoSAWIT, BOGOR - Tidak bisa dipungkiri saat ini industri perkayuan mengalami mati suri lantaran pasokan bahan baku dari hutan alam semakin menipis.

Indonesia setiap tahun diperkirakan defisit kayu sebesar 50 juta m³/tahun, padahal ketika tahun 1980an dimasa jayanya dulu mampu memproduksi kayu hingga 70 juta m³/tahun.

Tidak diimbanginya permintaan kayu hutan alam dengan penanaman secara intensif menghantarkan pada masalah lingkungan dan defisiensi kayu nasional, akibatnya sekarang kayu hutan semakin sulit didapat, disamping menimbulkan kecemasan pada semua pihak pengguna kayu.

Salah satu imbasnya pada industri playwood, yang ditandai dengan banyaknya penutupan perusahaan playwood akibat kekurangan bahan baku. Sementara bahan pengganti kayu seperti baja, aluminium, plastik, dan bahan lainnya bersifat nonbio degradable, ternyata dikemudian hari malah akan menimbulkan masalah lingkungan.

Bahan baku menjadi kunci penting berkembangnya industri pengolahan kayu di Indonesia, oleh karenanya mesti dicari solusi pengganti kayu yang kian defisit.

Salah satunya ialah kayu sawit yang merupakan solusi terbaik sebagai alternatif untuk menyuplai bahan baku kayu nasional. “Prospek bisnis kayu sawit ke depan sangat terbuka, disaat terbatasnya kayu dunia sekitar 300 juta m³/tahun. Sementara bahan bakunya semakin langka, sehingga bahan baku alternatif dengan jumlah besar adalah kayu sawit,” ujar Peneliti Teknologi Kayu Badan Litbang Departemen Kehutanan, Jamal Balfas.

Masih menurut Jamal, banyak manfaat yang diperoleh dari kayu sawit diantaranya: Pertama, potensi kayu sawit terdapat dalam jumlah besar dan akan terus meningkat di masa mendatang, sehingga memberikan jaminan ketersediaan bahan baku dalam jangka waktu yang tidak terbatas.

Kedua, produk kayu sawit secara utuh (solid wood) belum pernah diproduksi secara komersial oleh negara manapun di dunia, sehingga produk ini bersifat unik dan spesifik Ketiga, pemanfaatan kayu sawit sebagai substitusi kayu tropis memiliki aspek lingkungan yang sangat baik dalam kaitannya dengan peningkatan upaya nasional dan internasional dalam penyelamatan hutan tropis.

Bila dihitung, peluang kayu sawit sebagai bahan baku kayu sangat besar, berdasarkan perhitungan Jamal, satu hectare (ha) kebun kelapa sawit berpotensi menyediakan 220 m³ atau mencapai 60-70 ton/ha kayu dengan asumsi terdapat 120 pohon/ha.

Sementara bila setiap tahun dilakukan peremajaan seluas 50.000 ha maka berdasar perhitungan matematis akan didapat kayu sawit sebanyak 11.000.000 m³.

Ternyata permintaan untuk kayu sawit saat ini cukup besar, selain untuk memenuhi kebutuhan kayu di dalam negeri, banyak pula permintaan yang datang dari pihak luar negeri seperti Eropa dan negaranegara Timur Tengah.

“Dahulu ketika baru menguji coba produksi di PT Inhutani I ada permintaan besar dari Belgia untuk belasan ribu unit rumah. Selain itu permintaan juga dating dari negara Saudi Arabia, Qatar, Oman, dan Jepang,” ungkap Jamal kepada InfoSAWIT.

Selain pasar yang cukup menjanjikan rupanya dari segi harga kayu sawit lebih murah ketimbang harga hutan kayu alam. Kayu sawit bisa dijual seharga Rp 200.000/ m³, sementara kayu sengon saat ini mencapai Rp 700.000/m³ (catatan: harga berdasarkan harga tahun 2009).

Secara umum penggunaan kayu sawit paling besar digunakan untuk komponen barang konstruksi rumah seperti kusen, jendela, partisi, dan furniture. Selain itu keunggulan yang dimiliki kayu sawit diantaranya; harga kayu atau biaya eksploitasi sangat rendah, tidak mengandung mata kayu, mudah diberi perlakuan fisis, mekanis dan kimia, serta jaminan pasokan yang terus meningkat di masa mendatang.

Apalagi jika diolah dengan treatment yang baik maka daya tahan kayu sawit bisa mencapai 50 tahun. Sedangkan kekurangan kayu sawit ini adalah kandungan air pada kayu segar sangatlah tinggi, dapat mencapai 500%, kandungan zat pati sangat tinggi (pada jaringan parenkim dapat mencapai 45%), keawetan alami sangat rendah dan dalam proses pengeringan terjadi kerusakan parenkim yang disertai dengan perubahan dan kerusakan fisis secara berlebihan terutama pada bagian kayu yang struktur kerapatannya rendah.

Namun, kini sudah ditemukan cara menangani permasalahan tersebut yakni dengan memberikan perlakuan khusus seperti mencampurkan atau menyuntikkan bahan liquid ke dalam kayu sawit berupa resin. Resin sendiri adalah zat kimia dari getah pinus untuk menyempurnakan sifat kayu sawit karena tanpa treatment itu tidak bisa diolah lebih lanjut. (T2)

Terbit pada majalah InfoSAWIT cetak Edisi Juni 2009
The supply will be limited because of Moratorium Kebun Sawit
https://www.mongabay.co.id/2018/09/20/akhirnya-inpres-moratorium-perkebunan-sawit-terbit/
 

Moratorium is just limiting the expansion of new Palm oil fields, meanwhile there is a need to replanting about 50000 or more ha Palm oil fields among millions ha palm oil fields in Indonesia a year to sustain their peak production. So the business in solid woods from palm oil is very sustainable and can alter deforestation issue in Indonesia.
 
Moratorium is just limiting the expansion of new Palm oil fields, meanwhile there is a need to replanting about 50000 or more ha Palm oil fields among millions ha palm oil fields in Indonesia a year to sustain their peak production. So the business in solid woods from palm oil is very sustainable and can alter deforestation issue in Indonesia.
You're right. Now I wonder how to get into this kind of business?
 

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