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A Sand Boom Market on the Horizon

Monday, June 12, 2023

Sea sand miners stand to make huge profits since the government allows its export. It has the potential to being in the equivalent of hundreds of trillions of rupiah in foreign exchange.

arsip tempo : 171483272695.

Vessels present a water salute for the installation of the final caisson for Tuas Terminal Phase 1 reclamation in Singapore, April 23, 2019. REUTERS/Edgar Su/File Photo . tempo : 171483272695.

SINCE the export ban on sea sand came into force in 2003, its price has continued to drop. The market is no longer large, and there is an oversupply. Herry Tousa, General Chairman of the Sea Sand Entrepreneurs Association (APPL), gave the example that holders of sea sand mining business permits (IUP) in Pontang, Serang, Banten, can sell sand for just Rp9,000 per cubic meter. This figure is far below the benchmark price for sea sand exports set by

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Khairul Anam

Business Sand Mining sand and sediments Market Value
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