Saturday, November 13, 2010

Indonesian fertilizer imports continue to rise


In January-September 2010 there was an increase of fertilizer imports to Indonesia. The highest import demand was due to increased fertilizer consumption directly and also for raw materials fertilizer plant.

"The need for fertilizer industry also rose while raw materials such as potassium and phosphate were imported," said Deddy Shaleh, Director General of Foreign Trade, Ministry of Commerce in Jakarta, Friday (12/11). According to him, the import of fertilizer is needed because there are some raw materials can not be produced domestically.

Based on data from Central Statistic Agency (BPS), Indonesia fertilizer imports from January to September 2010 stated at USD 1.065 billion. This figure rose 77.81% compared to the imports of fertilizers in the same period last year amounted to USD 599.365 million.