#Indonesian Automotive Market

[autoini]

Yamaha Gear 125 vs Yamaha Fazzio Comparison - autoini

Looking to choose between the Yamaha Gear 125 and Yamaha Fazzio? AutoIni brings you an in-depth comparison to help you decide. From performance to design and fuel efficiency, find out which scooter suits your lifestyle and budget.

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[global-research-report]

From Ore to Infrastructure: Key Insights into the Iron and Steel Market

The global iron and steel market size is expected to reach USD 2,253.52 billion by 2030, according to a new report by Grand View Research, Inc. expanding at a CAGR of 3.8% from 2023 to 2030. Rising demand for heavy machinery and growth in the construction industry is expected to augment market growth over the forecast period.

Over 98% of the total iron ore transforms into pig iron, which is a crucial component in the production of steel. Finished steel products are used in various industries, such as heavy industry, construction, automotive, and consumer goods. In heavy industry, steel is a strong material that can handle heavy weights and tough conditions. It provides stability and safety to heavy machinery, equipment, and infrastructure by maintaining their structural integrity. Thus, it is widely used in heavy industries such as shipbuilding, defense products manufacturing, and oil & gas.

Investment in the oil & gas industry is expected to drive the demand for steel over the forecast period. For instance, in April 2022, Cairn Oil & Gas, a Vedanta Group subsidiary, announced investing USD 700.0 million in oil & gas exploration projects in India. The company plans to invest in 100 exploratory wells, including the project in the Barmer region of Rajasthan, India.

Despite the rising penetration in various end-use industries, the product faces hindrances in the automotive industry. Electric vehicles prefer to use aluminum because of its lightweight and robust characteristics. This lightweight property helps reduce fuel consumption and lowers carbon emissions. As a result, aluminum is increasingly being used as a substitute for steel in electric vehicles, and this trend is expected to negatively affect the global market growth in the foreseeable future.

Region-wise, Asia Pacific is projected to undergo substantial revenue growth with a CAGR of 3.6% across the forecast period. This growth can be attributed to substantial investments in the region's construction and infrastructure sectors of developing economies. For instance, The Indonesian parliament approved the Capital City Bill in January 2022, paving the way for constructing a new capital city in the East Kalimantan province. The country has plans to invest USD 35 billion in the project, which is projected to be finalized by 2024.

In terms of competitive rivalry, the global market is characterized by intense competition and fragmentation. Major market players are implementing strategies such as mergers and acquisitions to strengthen their positions to expand their capacities. For instance, in January 2022, POSCO agreed with Adani Group, an Indian multinational conglomerate, to set up a mill worth USD 5.0 billion in Gujarat, India. The new mill utilizes green hydrogen and renewable energy sources for steel production. Furthermore, the companies agreed to collaborate in various industries, including logistics, renewable energy, and hydrogen.

Iron And Steel Market Report Highlights

Based on iron ore application, the steel segment is expected to register a growth rate of 2.0% in terms of revenue over the forecast period. The production of steel is expected to increase over the forecast period on account of rising investments in the construction of smart cities, led by increasing urbanization rates.

For example, Saudi Arabia’s NEOM project is anticipated to consume the largest amount of iron and steel. Further, at a capacity of 650 tons per day, the NEOM project will commence hydrogen production in 2026, which will be used by green steel and cement industries, for the city to run at 100% renewable energy.

Based on steel end-use, the building & construction segment captured the largest revenue share of the market, with over 45.0% in 2022. Rising investment by emerging economies to modernize their infrastructure is expected to propel the demand for the product.

Based on region, the Middle East & Africa is expected to achieve a revenue growth rate of 4.3%, over the forecast period. This growth is primarily driven by the emergence of infrastructure projects in the Middle East, which in turn is boosting the demand for products in the region.

Iron And Steel Market Segmentation

Grand View Research has segmented the iron and steel market report on the basis of product, iron ore application, steel end-use, and region.

Iron & Steel Product Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

Iron Ore

Steel

Iron Ore Application Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

Steel

Other

Steel End-Use Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

Building & Construction

Automotive & Transportation

Heavy Industry

Consumer Goods

Other

Iron & Steel Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Spain

Italy

Russia

Turkey

Asia Pacific

China

Japan

India

South Korea

Central & South America

Brazil

Argentina

Middle East & Africa

Iran

Order a free sample PDF of the Iron And Steel Market Intelligence Study, published by Grand View Research.

[mrfr1234]

ASEAN Conveyor System Market at USD 3.7 Billion by 2032

Future Market Insights (FMI) has conducted an analysis on the ASEAN conveyor system market, revealing a valuation of USD 1.7 billion in 2021. Projections indicate a robust growth trajectory, with the market poised to expand at a notable CAGR of 7.1%, reaching a valuation of USD 3.7 billion by 2032. Among the various types of conveyor systems, roller conveyor systems are anticipated to hold a significant share, accounting for over 22% of total deployment in the ASEAN region by the end of the forecast period.

The burgeoning demand for warehousing facilities is expected to be a key driver propelling the growth of the conveyor system market in the ASEAN region. With the rapid development of various industries, there is a growing need for extensive warehousing services to accommodate goods and products. This surge in warehousing demand, coupled with the expansion of the e-commerce sector across ASEAN countries, is driving growth in the conveyor system market.

Indonesia is forecasted to emerge as a dominant force in the ASEAN conveyor system market, particularly in terms of revenue generation in 2022. The Indonesian market is poised for continuous growth throughout the forecast period, with projections indicating that it will capture nearly 30% of the ASEAN market share.

Browse Full Report Here: https://www.futuremarketinsights.com/reports/asean-conveyor-system-market

Growth Factors

The Indonesian intralogistics landscape is experiencing a significant shift driven by various factors. With the international trade of goods witnessing a surge propelled by shorter product lifecycles and advancements in multiple end-use industries, there has been a notable expansion of warehouses and logistics facilities. Countries like Malaysia, Thailand, and particularly Indonesia are bolstering their bulk handling ports and recycling operations to meet the escalating consumer demand.

In the realm of e-commerce, conveyor systems play a pivotal role in optimizing process flow and enhancing productivity at crucial junctures. The heightened demand for warehousing and logistics services in the ASEAN region is poised to fuel the conveyor systems market, particularly in the context of warehousing and logistics operations, driving growth across the ASEAN landscape.

Various factors are expected to exert influence on each segment of the ASEAN conveyor system market. For instance, Indonesia is anticipated to gain a notable increase in market share by 200 to 250 basis points, whereas the logistics and warehousing sectors in Indonesia are forecasted to experience a moderate decline of 10 to 50 basis points over the next decade.

Key Companies

TUKU Singapore Pte Ltd

MIS Belt Centre Pte Ltd

Kaiye Industries (M) Sdn Bhd

DNC AUTOMATION (M) SDN BHD

PRIMECH

CBR CONVEYOR SYSTEMS SDN BHD

PT. Rollent Indonesia

PT. Suprabakti Mandiri

PT. Almec Indonesia

RexLine Engineering Indonesia

MAE SYSTEMS ENGINEERING (THAI) CO., LTD

Nagasaki KIKI (Thailand)

NKC THAI NAKANISHI

PLIC Corp., Ltd.

Market Key Segments

By Product Type:

Belt Conveyor

Roller Conveyor

Pallet Conveyor

Overhead Conveyor

Tri-Planar Conveyor

Crescent Conveyor

Skid Conveyor

Trailer Conveyor

Others

By Operation Type:

Manual

Semi-Automatic

Automatic

By Capacity Type:

Unit Handling

Bulk Handling

By Application Type:

Packaging & Warehouse Distribution

Textile & Paper

Construction & Mining

Automotive & Transportation

Consumer Electronics

Food & Beverage

Chemical & Pharmaceutical

[kazifatagar]

VinFast debuts in Indonesia with a range of new right-hand drive EVs at the 2024 IIMS

VinFast Auto, a leading Vietnamese automotive company, makes its debut in the Indonesian market at the Indonesian International Motor Show (IIMS) 2024. Founded in 2017 as a member of VinGroup, Vietnam’s largest private corporation, the car maker has quickly risen to prominence, becoming Vietnam’s top car seller in its segments within just 21 months of its launch. Since 2022, VinFast has expanded…

[technical11]

New 2024 Honda Stylo 160 Unveiled at Expo

Honda is ready to take its speed revolution in the Indian automotive market with the new Stylo 160. This scooter already makes its waves in the Indonesian market, with its design and performance. This 160cc scooter in the Indian market will go to motorcycle lovers.

Read More- https://automobilehut.in/2024/02/2024-honda-stylo-160.html

[market-insider]

Iron and Steel Market's Journey in Fueling the Engine of Progress

The global iron and steel market size is expected to reach USD 2,253.52 billion by 2030, according to a new report by Grand View Research, Inc. expanding at a CAGR of 3.8% from 2023 to 2030. Rising demand for heavy machinery and growth in the construction industry is expected to augment market growth over the forecast period.

Iron And Steel Market Report Highlights

Based on iron ore application, the steel segment is expected to register a growth rate of 2.0% in terms of revenue over the forecast period. The production of steel is expected to increase over the forecast period on account of rising investments in the construction of smart cities, led by increasing urbanization rates.

For example, Saudi Arabia’s NEOM project is anticipated to consume the largest amount of iron and steel. Further, at a capacity of 650 tons per day, the NEOM project will commence hydrogen production in 2026, which will be used by green steel and cement industries, for the city to run at 100% renewable energy.

Based on steel end-use, the building & construction segment captured the largest revenue share of the market, with over 45.0% in 2022. Rising investment by emerging economies to modernize their infrastructure is expected to propel the demand for the product.

Based on region, the Middle East & Africa is expected to achieve a revenue growth rate of 4.3%, over the forecast period. This growth is primarily driven by the emergence of infrastructure projects in the Middle East, which in turn is boosting the demand for products in the region.

For More Details or Sample Copy please visit link @: Iron And Steel Market Report

Over 98% of the total iron ore transforms into pig iron, which is a crucial component in the production of steel. Finished steel products are used in various industries, such as heavy industry, construction, automotive, and consumer goods. In heavy industry, steel is a strong material that can handle heavy weights and tough conditions. It provides stability and safety to heavy machinery, equipment, and infrastructure by maintaining their structural integrity. Thus, it is widely used in heavy industries such as shipbuilding, defense products manufacturing, and oil & gas.

Investment in the oil & gas industry is expected to drive the demand for steel over the forecast period. For instance, in April 2022, Cairn Oil & Gas, a Vedanta Group subsidiary, announced investing USD 700.0 million in oil & gas exploration projects in India. The company plans to invest in 100 exploratory wells, including the project in the Barmer region of Rajasthan, India.

Despite the rising penetration in various end-use industries, the product faces hindrances in the automotive industry. Electric vehicles prefer to use aluminum because of its lightweight and robust characteristics. This lightweight property helps reduce fuel consumption and lowers carbon emissions. As a result, aluminum is increasingly being used as a substitute for steel in electric vehicles, and this trend is expected to negatively affect the global market growth in the foreseeable future.

Region-wise, Asia Pacific is projected to undergo substantial revenue growth with a CAGR of 3.6% across the forecast period. This growth can be attributed to substantial investments in the region's construction and infrastructure sectors of developing economies. For instance, The Indonesian parliament approved the Capital City Bill in January 2022, paving the way for constructing a new capital city in the East Kalimantan province. The country has plans to invest USD 35 billion in the project, which is projected to be finalized by 2024.

IronAndSteel #SteelIndustry #Metallurgy #SteelProduction #SteelManufacturers #SteelMarketTrends #MetallurgicalProcesses #SteelDemand #SteelProducts #SteelTrade #ConstructionMaterials #EconomicProgress #MetalsMarket #MetalInnovation #GlobalInfrastructure #Manufacturing #IndustrialDevelopment #InfrastructureDevelopment #EconomicGrowth #GlobalCommerce

[psfastenerss-blog]

Leading Fasteners Suppliers in Indonesia

In the realm of industrial prowess, securing reliable fasteners is the cornerstone of operational success. Indonesia, a burgeoning hub of economic activity, stands tall with its array of Fasteners Suppliers, providing businesses with the essential components needed for seamless operations.

Indonesia's Fasteners Landscape: A Prelude

In the archipelago of opportunity, Fasteners Suppliers in Indonesia play a pivotal role in shaping the industrial landscape. Navigating through the diverse market, these suppliers offer a spectrum of fasteners, catering to the nuanced needs of businesses across sectors.

Reliable Partnerships: Choosing the Best Fasteners Supplier

Quality Assurance Matters In the dynamic world of manufacturing, the reliability of fasteners can make or break a project. Opting for suppliers committed to stringent quality control ensures that each fastener meets the highest industry standards.

Diverse Inventory for Varied Needs A noteworthy Fasteners Supplier in Indonesia understands the unique demands of different industries. From automotive to construction, a comprehensive inventory ensures clients find the perfect fastener for their specific application.

The Impact of Fasteners on Operational Efficiency

Precision for Performance Fasteners may seem small, but their impact on operational efficiency is colossal. Precision-engineered fasteners contribute to seamless assembly processes, reducing downtime and enhancing overall performance.

Durability Unleashed Choosing reputable Fasteners Suppliers ensures access to durable components. The longevity of fasteners directly influences the lifespan of the end product, safeguarding investments and bolstering client satisfaction.

Why Choose Indonesian Fasteners Suppliers?

Cost-Effective Solutions Indonesian Fasteners Suppliers offer a cost-effective advantage without compromising quality. Competitive pricing structures make them an attractive choice for businesses seeking optimal value for their investments.

Adaptability in Bulk For industries requiring bulk quantities, Indonesian suppliers demonstrate unparalleled adaptability. Whether a small-scale project or large-scale production, these suppliers streamline processes with efficient delivery timelines.

Navigating Challenges: Fasteners Procurement Tips

Clear Communication Lines Transparent communication with Fasteners Suppliers is fundamental. Clarifying specifications, delivery schedules, and quality expectations ensures a seamless partnership.

Embracing Technological Advancements Leading suppliers leverage technology to enhance their services. Embracing innovations in production and distribution, they stay ahead of the curve, providing clients with cutting-edge solutions.

Conclusion: Fastening the Future

In the vibrant tapestry of Indonesia's industrial landscape, the role of Fasteners Suppliers is irrefutable. Choosing a reliable partner not only ensures the seamless execution of projects but also contributes to the long-term success of businesses.

As industries evolve, the demand for precision, reliability, and cost-effectiveness in fasteners will continue to soar. Embracing the expertise of Indonesia's leading Fasteners Suppliers is not just a strategic move—it's a commitment to unlocking operational efficiency and securing a robust future in the world of manufacturing.

[marketresearch99]

Beyond the Assembly Line: A Deep Dive into Indonesia's Automotive Aftermarket for 2023

Driving Innovation: Indonesia's Automotive Aftermarket in 2023

Indonesia, a burgeoning economy in Southeast Asia, boasts a dynamic automotive industry that extends beyond vehicle manufacturing. The country's automotive aftermarket, a critical segment of the automotive sector, plays a pivotal role in driving innovation, providing services, and catering to the diverse needs of vehicle owners. As we step into 2023, Indonesia's automotive aftermarket continues to evolve, presenting a landscape ripe with opportunities and challenges.

Market Overview

The Indonesian automotive aftermarket has been on a continuous growth trajectory, propelled by factors such as increased vehicle ownership, technological advancements, and a growing preference for customization and maintenance services. This expansive market encompasses a wide array of products and services, including spare parts, accessories, maintenance and repair services, and vehicle modifications. The aftermarket sector thrives on fulfilling the needs of vehicle owners seeking quality, convenience, and reliability beyond the original equipment manufacturer (OEM) offerings.

Trends and Innovations

In 2023, the Indonesia automotive aftermarket is witnessing a surge in innovative solutions and technological advancements. The integration of digital platforms and e-commerce has revolutionized the way consumers access aftermarket products and services. Online marketplaces and mobile applications dedicated to automotive parts and services have gained substantial traction, offering convenience and a vast array of choices to consumers.

Furthermore, the industry is experiencing a shift towards sustainable practices and eco-friendly solutions. This includes the introduction of environmentally conscious products and services, catering to a growing segment of environmentally-conscious consumers.

Market Drivers

Several factors contribute to the robust growth of Indonesia's automotive aftermarket. The country's expanding vehicle parc, coupled with an increasing average vehicle age, drives demand for replacement parts and maintenance services. Moreover, a burgeoning middle-class population with a penchant for vehicle customization and personalization fuels the demand for aftermarket accessories and modifications. Additionally, the rising adoption of digital platforms for purchasing automotive products and services has significantly influenced market growth.

Challenges and Opportunities

Amidst its growth, the Indonesian automotive aftermarket faces challenges such as ensuring product quality and authenticity, enhancing supply chain efficiency, and adapting to rapidly evolving consumer preferences. However, these challenges also present opportunities for aftermarket businesses to innovate, streamline operations, and establish robust partnerships. Embracing digital transformation, investing in quality assurance, and expanding service offerings can position companies favorably in this competitive landscape.

For More Info@ https://www.gmiresearch.com/report/indonesia-automotive-aftermarket-market/

Future Outlook

Looking ahead into 2023 and beyond, Indonesia's automotive aftermarket is poised for continued expansion. The convergence of technological advancements, changing consumer behaviors, and a focus on sustainability is expected to reshape the aftermarket ecosystem. Collaborations between industry players, advancements in e-commerce platforms, and a commitment to offering diversified and high-quality products and services will drive the aftermarket's growth.

In conclusion, Indonesia's automotive aftermarket in 2023 represents a thriving and vibrant sector within the automotive industry. As the market adapts to technological innovations, consumer demands, and sustainability imperatives, stakeholders have the opportunity to leverage these trends to drive further growth and establish a resilient and innovative aftermarket ecosystem.

The synergy between innovation, consumer-centric approaches, and market adaptability will define the trajectory of Indonesia's automotive aftermarket, making it an integral part of the nation's automotive landscape.

[arifreko]

Denny Ja: Explores thoroughly: Projection of 2050 and its implications for the economy

 Senior researcher Denny Ja, some time ago presented the latest research results on the 2050 projection and its implications in the Indonesian economy. This research is very important, considering that in 2050, Indonesia is projected as a country with the 4th largest economy in the world. A large projection that indicates the potential of the Indonesian economy going forward. However, of course this potential must also be balanced with the ability of Indonesia in carrying out its duties as a strong country and able to face various global challenges.

Citing the results of Denny JA's research, Indonesia is expected to become the 4th largest economy in the world in 2050 with an economic value of US $ 5.42 trillion. This projection is certainly very ambitious, but it can be achieved if Indonesia is able to improve various factors that become obstacles in economic development.

Some of these factors are the quality of infrastructure, the ability of human resources, political stability, the quality of public services, and support from the private sector and the community.

In addition, Denny JA also mentioned some of the implications of the 2050 projection to the Indonesian economy. The following explanation:

1. The growth of the manufacturing industry will continue to increase

Indonesia's economic growth in the future is predicted to be driven by the manufacturing sector. Specifically, the electronic and automotive manufacturing industry is expected to grow. Within the next 10-20 years, Indonesia will be the largest automotive and electronic manufacturing center in Asia.

2. The growth of the service sector is the main trend

In addition to the manufacturing sector, the service sector is also expected to continue to play an important role in the Indonesian economy. With the tendency of the community to prefer more personal experience and increased purchasing power, service sectors such as hospitality, tourism, e-commerce, and fintech will experience significant growth.

3. Changes in Patterns of Public Consumption

In the next 30 years, technological developments will affect the consumption patterns of Indonesian people. People will be more likely to choose product quality than cheap prices. This is caused by improving the quality of education, so that people will be better at choosing good products.

4. Competition in the Free Market

Indonesia will be faced with increasingly fierce competition in the global market. This is caused by several factors such as the increasingly developed automotive industry in Indonesia, the number of Japanese companies that invest in Indonesia, and improve the quality of infrastructure.

In this competition, Indonesia must be able to win the competition and compete with other countries by developing its comparative advantage.

5. Increasing labor mobility

In the next 30 years, Indonesian workforce mobility abroad will continue to increase. This is caused by the greater demand for manufacturing sectors and services abroad. As a country with the 4th largest population in the world, of course Indonesia has a large potential for human resources and can meet demand abroad.

6. Increasing market access for Indonesian products

Along with the development of technology and infrastructure, Indonesia will more easily enter the global market. This can be used to increase exports of Indonesian products throughout the world.

Seeing this 2050 projection, of course Indonesia needs to be prepared well. Improving the quality of infrastructure, human resources, political stability, and the support of the private sector and the community is very important so that the projection of 2050 can be achieved.

Therefore, Denny JA emphasized that each party must support the government in carrying out its duties as a strong country and able to face various global challenges. With good cooperation, then as a country with great potential, Indonesia's role in the world economy cannot be underestimated.

Check more: Denny JA: Completely peel: Projection of 2050 and its implications for the economy

[autoini]

Suzuki Ertiga vs Toyota Innova: Which MPV Offers the Best Value?

The Suzuki Ertiga and Toyota Innova are popular choices in the MPV segment, each with its strengths. This comparison explores key factors such as price, features, fuel efficiency, and reliability to help you decide which MPV offers the best value for your needs.

Read Our Full Article: Suzuki Ertiga vs Toyota Innova: Which MPV Offers the Best Value?

[chemanalystdata]

Aluminium Wire Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst

For the Quarter Ending June 2023

North America

The United States Aluminum Wire market has experienced interesting trends recently. Initially, prices rose due to a 25% increase in local interest rates by the US Federal Reserve Board, aimed at controlling inflation. This decision proved beneficial, leading to increased demand, particularly within the photovoltaic system industry. Alcoa, a prominent player in the US Aluminum industry, played a crucial role in the energy transition by investing in Aluminum Wire mills in Brazil and resuming mining operations in Western Australia, which in turn strengthened the domestic market. The automotive sector, with Tesla's electric vehicle sales leading the way, also contributed significantly to the increased consumption of Aluminum. However, supply constraints persisted due to reduced local mine production and export restrictions imposed by Indonesian suppliers. The modernization efforts in Brazilian and Australian mines also affected the production rates in the US. In August, Aluminum Wire prices stabilized as demand from the automotive industry remained steady despite economic uncertainties. Bauxite imports from Guinea surged, which helped boost feedstock inventory, as Guinea's mines adopted sustainable practices and increased output. Market uncertainties, elevated inventory levels, and rising interest rates prompted cautious buyer behavior. Competition from Chinese producers dampened downstream automotive demand, while the renewable energy sector held promise for driving Aluminum Wire demand. Additionally, anticipated adverse weather conditions could impact production costs in the forthcoming months.

Asia-Pacific

The South Korean aluminum wire market experienced a series of price fluctuations in the third quarter of 2023. In July, prices surged due to reduced manufacturer offers and weakened purchasing activity. High prices for PRN packaging materials and low recycling rates negatively impacted Aluminum's durability, leading to predictions of reduced domestic demand and increased overseas recycling. As a result, domestic aluminum wire prices initially declined, following a similar trend in India where production levels dipped due to weak demand. Global economic uncertainty and increased import tariffs on raw Aluminum further pressured prices, which prompted cautious buying. The rise in US interest rates also dampened export demand from sectors like automotive manufacturing, adding to the pressure. However, by mid-Q3 2023, South Korean aluminum wire prices rebounded thanks to steady inquiries from the power and distribution sector. Yet, concerns about the US debt ceiling, sluggish domestic consumption, limited policy stimulus, and a gloomy global economic outlook persisted. Stable supply led to increased local inventory levels, with boosted imports of bauxite from Guinea promoting sustainable fuel use in mining. Demand remained subdued in construction but surged in the battery foil and electrical/electronic sectors. Short-term expectations indicated a positive trend in aluminum prices with a focus on downstream consumption intensity. Overall, the market displayed resilience despite ongoing challenges.

Get Real Time Prices of Aluminium Wire: https://www.chemanalyst.com/Pricing-data/aluminium-wire-1361

Europe

The Aluminium Wire market in Germany has shown a stable trend in the third quarter. Prices initially surged due to improved economic conditions and reduced local inventories. Indonesian export restrictions tightened supply, resulting in higher spot market prices. Additionally, a contract with Indian rail giant Alston increased demand for Aluminium Wires, as parts were to be produced in France, leading to higher export quotas from Germany. The European market is considering lifting the ban on Russian Aluminium imports as supply and demand have stabilized, thanks to Russia's largest Aluminium producer, Russell. Alcoa's mining permit for its Aluminium Wire mine in Western Australia and government recognition of Aluminum's importance further bolstered the market. Domestic Aluminium Wire supplies remained tight due to the Indonesian mining ban and reduced German factory activity. The electric vehicle sector's recovery and a 0.25% rate hike stabilized inflation and boosted demand. In August, prices remained static due to high Bauxite supply and limited local orders. Meanwhile, downstream industries like shipbuilding, clean energy, and automotive showed promise, with companies like Volvo and Tesla expanding production across Europe. Despite economic uncertainties and cautious buyers, the Aluminium Wire market is expected to see increased demand in the coming months as production rates rise and economic conditions stabilize.

About Us: 

ChemAnalyst is an online platform offering a comprehensive range of market analysis and pricing services, as well as up-to-date news and deals from the chemical and petrochemical industry, globally.

Being awarded ‘The Product Innovator of the Year, 2023’, ChemAnalyst is an indispensable tool for navigating the risks of today's ever-changing chemicals market.

The platform helps companies strategize and formulate their chemical procurement by tracking real time prices of more than 400 chemicals in more than 25 countries.

ChemAnalyst also provides market analysis for more than 1000 chemical commodities covering multifaceted parameters including Production, Demand, Supply, Plant Operating Rate, Imports, Exports, and much more. The users will not only be able to analyse historical data but will also get to inspect detailed forecasts for upto 10 years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

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[theoldhempfarmer]

"No Urge To Merge"

There has been a temporary reprieve from the Summer heat here in Middle Tennessee which means that Lee Crabtree is taking advantage of the more moderate weather to do some badly needed Bushhogging at Tennessee homegrown facilities. Meanwhile, The Old Hemp Farmer has done enough paperwork to kick back with a large glass of Iced Indonesian Coffee and vape a little bit of flower and try to write something edifying and entertaining about Cannabis Business. You guys know that I read a lot of Cannabis periodicals and something that yours truly has noticed over the last few months is the increasing number of mergers between larger Cannabis corporations that have been cancelled by mutual consent while other aborted mergers have resulted in law suits. The Old Hemp Farmer mentions this because usually in a maturing industry in the early stages, there are a rash of consolidations, as larger successful companies start to have enough positive cash flow, they start buying smaller successful companies in order to gain market share and economy of scale. If you look at major emerging industries of their time, like railroad, steel, automotive and telecommunication there was a pattern of industry players being absolutely ruthless in their quest to gain market share and dominate their perspective markets. Although there have hundreds of folks that are in the present day Cannabis Industry that have boasted they would be Titans of the Weed Business, no one has accomplished this feat and no-one is even close. Instead some of the largest Cannabis companies in the World are in big time retrenchment mode. Some of these large Cannabis companies signed contracts to buy a smaller Cannabis companies for a certain price and then reneged on the offer and as a result, the parties involved end up going to court. If your Cannabis company has excess capacity and not profitable, there is no real reason to expand. The Old Hemp Farmer would like to believe that the lack of coherent Banking laws and a tricky legal environment is the culprit but it seems that largest impediment to the Cannabis Industry is the result of large companies with weak management that flooded the market with excessive capacity and over reach. These would be “Lords of the Cannabis Universe” all wanted to have largest Cannabis facilities in the U.S. Seriously how many times did you read in a Press Release that this greenhouse or extraction facility was the largest in North America? Too many times. And where are most of these companies now? Either in receivership or slowly selling off their assets. One of the fantasies that a lot of smaller Cannabis Companies liked to entertain was that a large Cannabis with deep pockets would come and overpay for their company. (A persons got to dream, don’t they?) But that was before the fallout that came with the loss of huge amounts of investor dollars and way too many facilities. Now all of this Cannabis clutter has to work its way through through the system. Meanwhile, The Old Hemp Farmer doubts there will be any real urge to merge in the Cannabis Industry. Anyway as always, Hemp Dawgs and Hemp Puppies keep one eye on the weather and the other eye on the market.

Visit our Tennessee Homegrown web site to try our great products: https://www.tnhomegrown.com

Our Podcast - Full Contact Cannabis: https://fullcontactcannabis.podbean.com

The Wife's web site: https://www.theoldhempfarmerswife.com

[fas395]

Mazda CX-90: A New Player in the SUV Market of Indonesia

Mazda, a Japanese automotive brand, has officially launched its new car, the CX-90, which is aimed to be the successor to the Mazda CX-9 in Indonesia. The car has been touted to be a game-changer in the Indonesian SUV market with its impressive features and specifications.

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[duapoloh]

Mazda CX-90: A New Player in the SUV Market of Indonesia

Mazda, a Japanese automotive brand, has officially launched its new car, the CX-90, which is aimed to be the successor to the Mazda CX-9 in Indonesia. The car has been touted to be a game-changer in the Indonesian SUV market with its impressive features and specifications.

continue