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Article: PRICE OF INDONESIAN WHEAT FLOUR TO INCREASE 30 PCT UNTIL APRIL.
- Article from:
- AsiaPulse News
- Article date:
- January 15, 2008
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JAKARTA, Jan 15 Asia Pulse - The price of wheat flour in the Indonesian domestic market is expected to increase by 30 per cent until the first quarter of 2008 following the increasing price of the commodity in international market.
"Since December (2007) wheat flour price has increased gradually, and within a quarter or 3-4 months it is expected to increase 30 per cent," chairman of the Association of Indonesian Wheat Flour Producers (Aptindo), Franciscus Welirang said here, Monday.
He said the gradual price increase would allow wheat flour consuming industries to anticipate, by increasing their working capital.
The increase in the price of ...