BP8.ASX: Seaweed Trading Results - Direct China Exports Commence

Seaweed Trading Results - Direct China Exports Commence

Stock	BPH Global Ltd (BP8.ASX)
Release Time	13 Jul 2026, 9:57 a.m.
Price Sensitive	Yes

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BPH Global Commences Direct China Seaweed Exports

Key Points

Gross sales of IDR 5,331,026,000 (AUD 535,895) from 15 May to 30 June 2026
Total sales since May 2025 now IDR 45.49 billion (AUD 3.87 million)
First direct shipment to China under new export license
Higher seaweed prices improve trading margins despite lower volumes
Operations normalized post-monsoon

Full Summary

BPH Global Ltd (ASX: BP8) has reported gross sales of IDR 5,331,026,000 (approximately AUD 535,895) for the trading period from 15 May to 30 June 2026. This period marks the beginning of direct commercial shipments of raw seaweed to China, following the company's recent export license approval. Aggregate gross sales since the start of Indonesian seaweed trading operations in May 2025 now total approximately IDR 45.49 billion (AUD 3.87 million). The trading period included a domestic sale to a Chinese carrageenan producer's Indonesian subsidiary. Improved harvesting conditions and higher seaweed prices supported better trading margins despite lower trading volumes. The company is now operating through established domestic Indonesian and direct China export sales channels.