Commodity of the Day (16/01/2025)

IDXchannel

Komoditas harga emas melanjutkan penguatan karena dolar melemah setelah data inflasi inti Amerika Serikat lebih rendah dari perkiraan. Harga batu bara dunia kembali turun di tengah kekhawatiran Oversupply dari negara produsen. Sementara itu, harga minyak mentah melanjutkan penguatan usai menyentuh ke level tertinggi sejak Juli 2024.

Transcript

00:00INDONESIA'S COMMUNITY PRICE

00:05We move on to the development of the community price,

00:07where the mouse price continues to strengthen

00:09due to the weakening of the dollar

00:11after the United States' basic inflation data

00:13is lower than expected.

00:15The world's coal price has fallen again

00:17due to the concern of oversupply from the producing countries,

00:20while the crude oil price continues to strengthen,

00:23reaching its highest level since July 2024.

00:31The gold price continues to strengthen

00:32due to the weakening of the dollar

00:33after the United States' basic inflation data

00:35is lower than expected,

00:37reducing inflation pressure

00:39and reviving the expectations of the Dovec breakdown cycle.

00:43Based on definitive data,

00:44the world's gold price is forecast at a time

00:46in the spot market recorded at US$2,695.82 per troy ounce,

00:51up 0.7% from its previous position.

00:55While at the beginning of the trading on Thursday,

00:56the price was stable at US$2,696.04 per troy ounce,

01:01or up 0.01%.

01:06The world's coal price has fallen again

01:07due to the concern of oversupply

01:10due to the overproduction of Indonesian coal production.

01:14The Ministry of Energy and Mineral Resources, or ISDM,

01:17recorded that Indonesian coal production

01:19exceeded production targets,

01:20reaching 831.05 million tons in 2024.

01:26Based on the bar chart data,

01:28the price of Newcastle coal

01:30in the spot trading

01:32was recorded at US$114.6 per ton,

01:36or down 0.46%.

01:38This decline has caused the price of coal

01:40to fall by 9.76%

01:42during the January trading in 2025.

01:49The oil price continues to strengthen

01:50after the decline in the supply of raw oil

01:52by the United States,

01:53which added to the concerns of the US troops

01:54in the US sanctions on Russian energy trade.

01:59Thursday morning in Asia,

02:00the price of raw oil increased by 0.4%

02:02to US$82.33 per barrel.

02:06The price continues to strengthen after increasing by 2.6%

02:09to the highest level since July 26 in the previous session.

02:13The price of WTI oil increased by 0.4%

02:15to US$80.36 per barrel

02:18after increasing by 3.3% in the previous session

02:20to the highest level since July 19.

02:23Various sources of IDX Channel.

02:27And what is the latest update on the price movement

02:30as well as the number of commodities

02:31generated by our trading team?

02:33Until this afternoon in West Indonesia,

02:36we can see the graph on the television screen.

02:38The name is Mirsa.

02:38WTI oil seems to still continue to strengthen

02:41at 0.28%

02:43at US$78.93 per barrel.

02:47Nickel strengthens at 0.63%

02:49at US$15,271 per ton.

02:53Gold strengthens at 0.26%

02:55at US$2,725 per troy ounce.

02:59While the CPO contract for March 2025

03:02weakens at 0.20%

03:04at US$4,184 per ton.

03:15In the selection tab,

03:16and also the selection item information,

03:18we will present it

03:19when we will be back.

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Transcript

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