Indonesia: PTPN asks for sugar imports to be postponed

Published 2024년 6월 25일

Tridge summary

PT Perkebunan Nusantara (PTPN) President Director, Mohammad Abdul Ghani, has urged the government to halt sugar imports until local farmers achieve sugar production targets. He assures that once production reaches 8 tons, farmers will be able to compete with imported sugar. Ghani also suggested a purchasing price of IDR 12,000 for sugar at this productivity level to benefit farmers and cited that sugar farmers' trust in PTPN has grown due to the company's support in selling products and maintaining a fair average price. PTPN has also established an organization to address sugar cane issues from planning to harvesting, and is confident that with full control, sugar production could reach 18 tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Reporter: Aurelia Lucretie | Editor: Wahyu T. Rahmawati KONTAN.CO.ID - JAKARTA. President Director of PT Perkebunan Nusantara (PTPN) Mohammad Abdul Ghani asked the government not to import sugar until farmers reach the sugar production targets that have been set. "Before farmers' productivity reaches 8 tons, please protect us from imported sugar. If imported sugar comes in we will die like crazy and farmers won't be able to improve their agronomy," he said at the DPR meeting, Tuesday (25/6). However, he guaranteed that if farmers' productivity reached 8 tons, they would be able to compete with imported sugar. Abdul added that if sugar production can reach the target, the government does not need to set sugar prices too high because farmers' HPP will also fall to IDR 6,300. "If it's Rp. 6,300, maybe you don't need to buy it now for Rp. 14,500, it's too expensive, sir. If it's too expensive, poor consumers," he added. According to him, when productivity rises to 8 tons, the ideal ...
Source: Kontan

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.