The implementation of rubber export restrictions through the Agreed Export Tonnage Scheme (AETS) has not had a significant impact on the increase of world rubber price. The export scheme has been implemented in the first quarter of 2018 by Indonesia, Malaysia, and Thailand as the largest rubber producer incorporated in the International Tripartite Rubber Council (ITRC) agreement.
Although it has not had a significant impact on price improvement, but at least that restriction can reduce the pressure of the selling price decrease so as not to plummet too deep.
"AETS policy has become technical, no longer fundamental," said Chairman of Indonesian Rubber Industry Association (Gapkindo) Moenardji Soedargo to Katadata, Monday (2/4).
Referring to the International Rubber Consortium (IRCo), rubber SIR 20 touched the level of US $ 2.33 per kilogram early last year, then dropped to around US $ 1.46 in November 2017. However, when the AETS restriction policy began to be established in December 2017 until January 2018, admitted Moenardji prices began to move steadily.
The issue of trade war between the United States (US) and China also recorded has made the price pressured to reach US $ 1.52 per kg, where the price of rubber SIR 20 observed reached about US $ 1.46 on March 19, 2018. "Towards the end of March , the market is again depressed for commodities, "said Moenardji.
Meanwhile, the Director of the APEC and International Organization of Trade, Directorate General of International Trade Negotiations, Ministry of Trade, Deny Wachyudi Kurnia explained the evaluation of the three countries related to the implementation of AETS will be done after rubber price data out on April 15, 2018.
"We will evaluate the plan in May," he said.
In addition to price issues, many other conditions are also highlighted by the three countries. For example, in respect of each country's compliance with the achievement of the AETS objectives of preventing over-supply in the international market.
The restriction of rubber exports in AETS policy is also considered to have no effect on the welfare of farmers. Therefore, to increase the added value of natural rubber, farmers ask the government to issue a downstream policy or rubber processing industry in the country.
Chairman of the Association of Indonesian Rubber Farmers (APKI) Lukman Zakaria said the government should issue a policy that raises the value added rubber farmers. "Hilirisasi is done so that farmers become export producers, not just in rubber suppliers at the upstream level," said Lukman, last February.
No comments:
Post a Comment