Plentiful Rice Stocks, Prices Still High? Here's an Explanation from Bulog Most of the rice stocks in Indonesia are currently in the hands of private business actors.

REPUBLIKA.CO.ID, JAKARTA — Perum Bulog is responding to the issue of abundant national rice stocks while market prices remain high. CEO of Perum Bulog, Achmad Rizal Ramdhani explained that the majority of rice stocks in Indonesia are currently in the hands of private businesses. "The portion under government control is only about four million tons or equivalent to eight percent of the total national rice production estimated to reach 35 million tons," said Rizal in a written statement in Jakarta, Friday (15/8/2025). Rizal conveyed that the limitation of stock ownership by the government is a key factor in the effectiveness of price control. With only an eight percent share, Rizal said, the room for government intervention is limited. "However, Bulog ensures that every grain of rice we manage is used strategically to maintain price stability and protect the purchasing power of the people," continued Rizal. Although Bulog only controls about eight percent of the national production, ...