Indonesia: The price of imported soybeans has increased, so craftsmen in Cirebon have reduced the size of tempeh

Published 2023년 11월 7일

Tridge summary

Tempeh producers in Cirebon City are facing difficulties as the price of imported soybeans continues to rise, putting a strain on their production costs. Despite the increase, they are unable to raise the selling price of tempeh for fear of losing customers. To cope with the high soybean prices, some producers are reducing the size of their tempeh instead of increasing the price.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

REPUBLIKA.CO.ID, CIREBON – Tempeh producers in Cirebon City complained about the rising price of imported soybeans. However, on the other hand, they cannot increase the selling price of tempeh because they are worried that consumers will abandon it. This was conveyed by a tempe maker in Sukapura Village, Kejaksan District, Cirebon City, Maduri. He said that the increase in the price of imported soybeans was very burdensome considering that this commodity is the main raw material for making tempeh Maduri said that usually imported soybeans only cost around IDR 10 thousand to IDR 11 thousand per kilogram. However, currently, the price of imported soybeans has reached IDR 12,500 per kilogram. ''Those are imported soybeans from America. "The price is now continuing to rise," complained Maduri, Monday (6/11/2023). Maduri said that he usually buys one ton of soybeans per week. He admitted that he was surprised because every time he bought soybeans it continued to creep up gradually. ...
Source: Republika

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.