On-the-Ground Updates

Steady Retail Rice Purchases Amidst Price Increases and Wholesaler Supply Shortages During W35

Rice

Indonesia

Market & Price Trends

Yun Primawan

Published Sep 1, 2023

During W35, the recent rise in rice prices has not resulted in reduced purchase quantities per transaction by retail consumers. While there is an upward trend in retail rice prices, retail traders remain composed, as the supply from wholesalers continues to meet demand. Supply shortages are more prominent at the wholesale level, and retailers have not observed any indications of panic buying among consumers thus far.

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