Oil Prices - World crude oil prices fell nearly 2% in trading on Tuesday (15/10) Indonesia time.
The decline was triggered by concerns demand for crude oil remains under pressure, in line with the doubts of trade agreements the United States (U.S.) with China.
As reported by Reuters, the price of crude oil futures Brent closed at US$ 59.35 a barrel, slumped US$ 1.16, or 1.92 percent.
While the price of crude oil West Texas Intermediate settled at US$ 53,59 per barrel, down US$ 1.11, or 2.03 percent.
The U.S. and China on Friday (11/10) had completed a trade agreement the first stage as well as suspend the increase in rates this week.
This immediately made the Brent and WTI rose more than 3% last week, and signifies the first weekly gain since 20 September 2019.
Rupiah - The value of the rupiah in today's trading, Monday (14/10) opened at Rp 14.130 per US dollar, up 0.05 percent from the closing position the end of last week Rp 14.137 per U.S. dollar.
The strengthening of the rupiah was mainly supported by the negotiations of trade between the United States (U.S.) and China, which reached a partial deal at the end of last week.
"Negotiating trade between the U.S. and China reached an agreement parsiap on Saturday Jakarta time yesterday gave a positive sentiment to the rupiah today," said Vice President of Monex Investindo Futures Ariston Tjendra to Katadata.co.id, Monday (14/10).
Negotiations of trade between the U.S. and China that took place during the last two days, Thursday and Friday (10-11 December), finally managed to formulate an agreement the first stage.
These agreements include agriculture, exchange rates, and the protection of intellectual property rights.
(Read: Trump To Announce A Trade Agreement, The Stock Wall Street Bolted Up)
Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Rose Oil market outlook.
Request to Sample PDF Brochure: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-rose-oil-market Brief Overview on Rose Oil:Rose oil market is expected to gain market growth in the forecast period of 2020 to 2027.
The factors driving the growth of rose oil market due to the perfume and medicinal effects of the food & beverage industry on cosmetics & toiletries have steadily increased.
Rose oil has been known and used for its valuable population in many packets.
Rose oil is widely used in specific creams and rubbing oils, as pores and skin on the markets are much easier to relax and rejuvenate.
Important years considered in the study are:Historical year – 2010-2019; Base year – 2020; Forecast period– 2021 to 2027 List of Key Players Profiled in the study includes market overview, Market Share, business strategies, Development activities, and SWOT analysis:ROSE OFFICE GmbH, Advanced Biotech, Albert Vieille SAS, Associate Allied Chemicals, Azelis Holding S.A., BERJÉ INC., Firmenich SA, Fleurchem Inc, Indukern F Ingredients division, MOELLHAUSEN S.P.A., Lluch Essence, Pell Wall , Phoenix Aromas & Essential Oils, LLC, SRS Aromatics Ltd, Synerzine, Inc., TAYTONN., The Good Scents Company (tgsc), The Lermond Company, LLC., Ultra International B.V., Ernesto Ventós, S.A., Zanos Ltd What does the Report Provide?The market report offers a comprehensive analysis of various factors such as the key drivers, and restraints that are likely to impact the market growth in upcoming years.