Kotagede Silver Craftsmen Persist Amid Sluggish Exports and Rising Raw Material Prices
Yogyakarta - The Kotagede area in Yogyakarta City is famous for its beautiful silver crafts, serving both export and domestic markets. However, in recent months, the global geopolitical situation has begun to affect the sluggish demand for Kotagede silver crafts exports from several countries. This condition has also triggered a significant rise in the price of silver raw materials. The increase in selling prices has impacted consumer purchasing power. Nevertheless, a number of craftsmen in Kotagede continue to strive to produce silver crafts amid the challenges of rising silver prices.