Indonesian Political, Business & Finance News

Commodity program on TV

| Source: JP

Commodity program on TV

JAKARTA (JP): The Ministry of Industry and Trade has launched
a TV program on price quotations for the country's major
commodities to help farmers, small-scale producers and
cooperatives get easy access to price information.

The broadcast, based on major commodity markets around the
world, is broadcast every day in the early morning hours on
state-owned television station TVRI, except for Sunday and
Monday, according to a statement from the department office.

The major commodities covered by the program include coffee,
chocolate, corn and rubber, according to the statement.

For coffee, the program refers to London International
Financial Future and Options Exchange (LIFFE) in London, and for
chocolate, it quotes the Coffee, Sugar and Cocoa Exchange (CSCE)
in New York, the statement said.

Corn quotations are based on the Chicago Board of Trade (CBOT)
in Chicago and rubber on the Singapore Commodity Exchange
(SICOM), it added. (udi)

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