{
    "success": true,
    "data": {
        "id": 1697730,
        "msgid": "cable-prices-suddenly-surge-glodok-traders-point-to-the-culprits-1777006380",
        "date": "2026-04-24 10:20:01",
        "title": "Cable Prices Suddenly Surge, Glodok Traders Point to the Culprits",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "Cable prices in Jakarta's Glodok market have risen sharply due to increasing global copper prices, exacerbated by the Middle East conflict, with some traders also citing higher plastic costs. The rupiah's depreciation to over Rp17,000 per US dollar may further contribute, though its direct impact on sales remains limited so far. Specific price hikes include NYM 2x1.5 cables jumping from Rp18,000 to Rp21,000 per metre, highlighting broader inflationary pressures on everyday goods and livelihoods.",
        "content": "<p>Jakarta, CNBC Indonesia - Traders of electrical cables in the Glodok\narea, West Jakarta, have revealed the reasons behind the recent price\nincreases for cables. The majority of traders attribute the rise to\nsurging global copper prices. However, some traders also point to the\nincrease in plastic prices as contributing to the cable price hikes.<\/p>\n<p>Kurnia, one of the electrical installation cable traders, said that\ncable prices have been creeping up due to rising global copper\nprices.<\/p>\n<p>\u201cIt\u2019s said to be because of copper prices, perhaps due to the war in\nthe Middle East,\u201d said Kurnia when met at Glodok Jaya on Thursday\nafternoon (23\/4\/2026).<\/p>\n<p>He revealed that the increases began in the last few days,\nspecifically over the past week.<\/p>\n<p>\u201cThere has been an increase in the last week, even though copper\nprices are said to have risen at the beginning of 2026,\u201d he\ncontinued.<\/p>\n<p>In agreement with Kurnia, Hans, another trader, also stated that\ncable price increases are due to rising copper prices. However, he\nsuspects that the increase in plastic prices is also affecting cable\nprices.<\/p>\n<p>\u201cAccording to other traders, it\u2019s because of copper, yes, because\ncables definitely contain copper, but the rise in plastic prices is also\nsaid to impact cable prices, because the PVC material has reportedly\nincreased,\u201d said Hans.<\/p>\n<p>When asked if the cable price increases are also caused by the\nweakening rupiah exchange rate, he was unsure.<\/p>\n<p>\u201cIt could be because our rupiah is weakening, now it\u2019s said to be\nabove Rp17,000 per dollar,\u201d he explained.<\/p>\n<p>Meanwhile, Mei Mei, another trader, said she has not yet raised her\nselling prices for cables in her shop. However, she has heard complaints\nfrom other traders who have already increased prices.<\/p>\n<p>\u201cIf prices rise, here it\u2019s still normal, still stable, but there is\nalready information about increases in raw materials, such as copper and\nPVC materials,\u201d said Mei Mei.<\/p>\n<p>When asked if the rupiah\u2019s weakening affects her sales, she replied\nthat it has not yet had a significant impact.<\/p>\n<p>\u201cFor the rupiah, yes, if you look at it, it\u2019s already touching\nRp17,000, but it hasn\u2019t affected us much yet,\u201d she explained.<\/p>\n<p>She hopes that if there is an increase, there will be no further\nrises.<\/p>\n<p>\u201cYes, if possible, no price increases, because life is getting\nharder, now I can only afford to eat, food prices haven\u2019t risen, but the\nportions have gotten smaller. If prices keep rising, it\u2019s better if the\nend of the world comes,\u201d she said.<\/p>\n<p>Here are the details of cable prices in Glodok on Thursday\n(23\/4\/2026):<\/p>\n<ul>\n<li><p>NYM 2x1.5 cable, Rp21,000 per metre, previously Rp18,000 per\nmetre.<\/p><\/li>\n<li><p>NYM 2x2.5 cable, Rp28,000 per metre, previously Rp25,000 per\nmetre.<\/p><\/li>\n<li><p>NYM 3x2.5 cable, Rp31,000 per metre, previously Rp21,000 per\nmetre.<\/p><\/li>\n<li><p>NYA 1.5 mm cable, Rp12,800 per metre, previously Rp9,800 per\nmetre.<\/p><\/li>\n<li><p>LAN Belden UTP CAT 6 cable, Rp10,000 per metre, previously\nRp7,000 per metre.<\/p><\/li>\n<\/ul>",
        "url": "https:\/\/jawawa.id\/newsitem\/cable-prices-suddenly-surge-glodok-traders-point-to-the-culprits-1777006380",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}