Indonesia: Red onion price in Jakarta has reached IDR 80,000/kg, how much for farmers?

Published 2024년 4월 23일

Tridge summary

Shallot prices in DKI Jakarta, Indonesia, have doubled to IDR 80,000 per kg due to increased demand and production challenges caused by February-March flooding that damaged shallot centers and disrupted the harvest. The price at the farmer level ranges from IDR 40,000 to IDR 50,000 per kg. Currently, the market has a lower supply of good-quality shallots, and prices are expected to recover to IDR 45,000 to IDR 50,000 per kg for consumers by early May.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - The price of shallots has been observed moving up. In fact, in the DKI Jakarta area the price has reached IDR 80,000 per kg or an increase of 100% from normal conditions of only IDR 35,000-40,000 per kg. From CNBC Indonesia's monitoring at two traditional markets in the Central Jakarta area, Gandaria Market and Gondangdia Market this morning, Monday (22/4/2024), the price of shallots was simultaneously at the level of IDR 80,000 per kg. This price increase, according to traders, began to move gradually since 10 days before Eid al-Fitr. So, what is the price at the farmer level? General Chair of the Indonesian Shallot Association (ABMI) Dian Alex Chandra revealed that the price of shallots at the farmer level is currently high, namely in the range of IDR 40,000-IDR 50,000 per kg. "Currently the price of shallots (at the farmer level) is around IDR 40,000 - IDR 50,000 per kg, if it's good quality or grade A it's IDR 50,000 per kg, if it's below that it's ...

Source: Cnbcindonesia