Kilambi News
Monday, November 2, 2026

Commodities also notable: Indonesia trade surplus, Ghana fuel prices

Commodities Monday, November 2, 2026 - Updated Nov 2, 2026 07:13

Indonesia's exports rose 10.58 percent month on month to 27.59 billion dollars in September, and Ghana's pump prices split again, with petrol down to 16.38 cedis and diesel up to 18.45 cedis.

Why it matters: The roundup carries the day's official data prints and smaller market items: Indonesia's farm and trade numbers from BPS, Ghana's November fuel adjustment, and two LNG shipping items from Indonesia and Russia.

Data as of Roundup, November 1 to 2, 2026. BPS items are primary official releases from Statistics Indonesia, published November 2, 2026, and are the source of record for their figures. Ghana pump prices and the PGN item are headline level from their publishers in this run.

Indonesia’s trade surplus held up in September. Statistics Indonesia (BPS) reported exports of 27.59 billion dollars, up 10.58 percent month on month, and imports of 24.23 billion dollars, up 5.91 percent, taking the January to September 2026 trade surplus to 31.03 billion dollars.

Indonesia’s maize harvest shrank while paddy grew. BPS put September maize harvested area at 0.61 million hectares with production of 1.73 million tonnes of dry shelled maize, down 18.27 percent and 19.97 percent respectively against September 2025, and estimated October to December production potential at 3.23 million tonnes. September paddy harvested area was 0.91 million hectares, up 5.24 percent month on month, producing 4.88 million tonnes of dry unhusked paddy, up 8.73 percent; the January to November harvested area reached 10.22 million hectares with production of 54.11 million tonnes.

Indonesian farmers’ terms of trade improved in October. The BPS index reached 132.60, up 1.13 percent, as prices received by farmers rose 1.25 percent against a 0.12 percent rise in prices paid.

Ghana’s pump prices split for November. Petrol fell to 16.38 cedis a litre while diesel rose to 18.45 cedis as oil marketing companies adjusted prices on November 2, MyJoyOnline reported, extending the split pattern of the October adjustment covered on this site on October 30.

In LNG shipping, Indonesia’s PGN LNG reported receiving 25 cargoes through September in support of national energy supply, Antara reported, in Indonesian. Russia will prepare a plan to build tankers for LNG transportation, Anadolu Agency reported, in Turkish; both items are headline level in this run.

Sources

  1. Exports and Imports of Indonesia in September 2026 reached USD27.59 billion and USD24.23 billion, respectively - BPS Statistics Indonesia - 2026-11-02
  2. Maize Harvested Area Declined in September 2026, with Production Potential Estimated at 3.23 Million Tons for October-December 2026 - BPS Statistics Indonesia - 2026-11-02
  3. Paddy harvested area in September 2026 was 0.91 million hectares, producing 4.88 million tonnes of dry unhusked paddy (GKG) - BPS Statistics Indonesia - 2026-11-02
  4. The Farmers' Terms of Trade (FTT) in October 2026 reached 132.60, an increase of 1.13 percent - BPS Statistics Indonesia - 2026-11-02
  5. Petrol drops to GH¢16.38, diesel rises to GH¢18.45 as OMCs adjust pump prices - MyJoyOnline - 2026-11-02
  6. PGN LNG terima 25 kargo per September, perkuat pasokan energi nasional - Antara, in Indonesian - 2026-11-02