Indonesia: Soybean prices went up, tofu and tempeh producers went on strike in Java for the second day

Published 2022년 2월 22일

Tridge summary

Tofu and tempeh producers in Java, Indonesia, are on strike due to a significant increase in the price of soybeans, which has led to profit losses despite production adjustments. The price of soybeans has risen from 9,000 Indonesian rupiah per kilogram in December to 11,000 rupiah just a month later, causing concern for the affordability of these protein sources. The producers are urging the government to intervene and stabilize the price. The increase in soybean prices is attributed to reduced production in Brazil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

JAKARTA: Tofu and tempeh entrepreneurs on strike in Java, protesting the increase in soybean prices entered their second day on Tuesday. Aip Syarifuddin, chairman of the Indonesian Tofu and Tempeh Producers Cooperative Association, said the price was currently trading at 11,000 Indonesian rupiah per kilogram compared to 9,000 Indonesian rupiah in December last year. Aip was quoted by the online media as saying the price went up almost daily. “Our members want the government to intervene and stabilize the price for three months or at least a month,” he said. They have tried to resume production, but still failed to make a profit even though the size of tempeh was reduced to between 20 centimeters and 40 centimeters to offset the rise in soybean prices. Tofu and tempeh are affordable sources of protein and staple foods ...
Source: Astroawani

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