Indonesia: Egg prices are still expensive at over IDR 31,800/kg, the culprit is revealed

Jakarta, CNBC Indonesia - Head of the National Food Agency (Bapanas) Arief Prasetyo Adi has opened his voice regarding the high price of eggs. According to him, this was due to stock problems. The Food Agency's Price Panel noted that today, Tuesday (19/3/2024), the price of eggs is still at IDR 31,870 per kg. A week ago, March 12 2024, the price of purebred chicken eggs was still at IDR 13,720 per kg. These prices are at retail level, data accessed at 12.44 WIB. "Yes, it's still old stock, usually it needs a process (decrease). Usually 3 weeks to 1 month," said Arief at the Presidential Palace Complex, Tuesday (19/3/2024). He explained that agricultural products could not come down easily. Although currently the price of corn for animal feed is on a downward trend. "It can't be instantaneous, today (feed) will go down, tomorrow (egg prices) will go down. There is a process, because it takes a long stock process, right," he explained. However, he confirmed that egg prices would ...