Indonesia: Shallot prices rose, reaching IDR 80,000

Published 2024년 4월 22일

Tridge summary

In Indonesia, the price of shallots has significantly increased, with some areas reporting prices up to IDR 84,980 per kg. This price hike is primarily due to a decrease in the number of traders active around the 2024 Eid holiday, leading to a supply shortage in the retail market as demand surges post-Eid. The National Food Agency (Bapanas) has identified that farmers delaying their harvest in anticipation of demand normalization is further straining the supply, causing a notable spike in prices. Although the national average price shows minor fluctuations, the general trend points to a substantial increase from the previous week.
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 some regions of Indonesia the price has reached IDR 80,000 per kg. The Food Agency Price Panel noted that the price of shallots on April 21 2024 reached IDR 69,520 per kg in the DKI Jakarta area. The highest price was reported in Central Papua, reaching IDR 84,980 per kg. In Aceh, the price of shallots was reported to have reached IDR 60,030 per kg and in North Sumatra IDR 50,610 per kg. Even in Central Java, the price reaches IDR 53,300 per kg. And in East Java it reaches IDR 48,900 per kg. The day before, April 20 2024, the highest price for shallots reached IDR 79,600 in Central Papua. Meanwhile in Jakarta it was recorded at IDR 69,790 per kg. This price is the daily retail average at the provincial level. Nationally, the national average daily retail price reached IDR 51,500 per kg on April 20 2024, then increased to IDR 51,680 per kg on April 21 2024. And today, Monday (22/4/2024 at 10.05 ...

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