Exports of Light Wood Products Increase 31%, So Opportunities for BUMN
The government encourages various parties, including industry, to increase exports of light wood products. The Ministry of Trade (Kemendag) assesses that the export potential of Indonesia's light wood products is still very wide open, due to the high world demand for these commodities.
Based on data from the Central Statistics Agency (BPS), in 2021 Indonesia's exports of light wood (plywood and flooring) were recorded at USD 3.2 billion or contributed 40% of Indonesia's total exports of wood products which amounted to USD 7.94 billion, an increase of 31% compared to the previous year with a global timber market share of USD 2.1 trillion.
Director of Commercial & Operations of PT Mega Eltra, Indrajaya said the increase in Indonesia's wood exports is an opportunity for Mega Eltra, which is a subsidiary of Pupuk Indonesia, to support through the procurement of raw materials to national private companies engaged in the wood forest product processing industry. Mega Eltra, which is a company engaged in trading, which in this case successively sells commercial urea fertilizer to a national private company as raw material for making plywood for export purposes, where the factory is located in the Yapen Islands, Papua Province, "said Indrajaya in a written statement, Monday (22/8/2022).
Meanwhile, SVP of Mega Eltra Trading Anita Damayanti added that last June Mega Eltra had supplied raw materials for Urea Prill which was sent by Franco Surabaya through a winning bid, in which Mega Eltra had won several tenders held by job owners since 2019. "Mega Eltra is committed to guaranteeing the quality of fertilizers supplied according to specifications, complying with occupational safety and health (K3) rules as well as applicable rules and regulations in the process of shipping, transporting and delivering goods and accurately time," said Anita. Also Read: Measuring 25 Times Larger, The Appearance of This Giant Sea Wood Lice Makes Goosebumps In running its business, Anita said, Mega Eltra always mitigates risks, including by selecting selected companies or parties with good liquidity in order to bring profits for the company. In carrying out commercial fertilizer trade, Mega Eltra synergizes with fertilizer producers who are members of Pupuk Indonesia and cooperates with various other fertilizer companies both at home and abroad.