# SE Asia Report: Despite COVID-19 prices holding relatively steady in Indonesia - Beef Central

> Indonesian slaughter steer prices held steady at around Rp39,000 per kg in April despite COVID-19, as weak restaurant demand was offset by Ramadan demand. Live cattle trade is running at about half normal pace and Darwin feeder cattle prices fell sharply at month end.

- Date: 2020-05-07 · published 2020-05-07T12:00:00.000Z
- Category: market · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/53080-se-asia-report-despite-covid-19-prices-holding-relatively-steady-in-indonesia
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Weak Indonesian beef demand and reduced live cattle trade lower Australian export demand for feeder cattle, pressuring Australian cattle prices.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- beefcentral.com: https://www.beefcentral.com/live-export/se-asia-report/se-asia-report-apr-2020/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
