Indonesia: On January 17, 2022, the national market price of granulated sugar is still steadily increasing

Sugar

Indonesia

Published Jan 18, 2022

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Jakarta, CNBC Indonesia - The price of granulated sugar in the national market on January 17, 2022 is still steadily strengthening. The National Strategic Food Price Information Center (PIHPS) website noted that the average price of local granulated sugar was IDR 14,000 per kg, or an increase of 1.82%, equivalent to IDR 250 per kg. Meanwhile, the average price of premium granulated sugar as of January 17, 2022, has reached Rp. 15,450 per kg, or an increase of 0.32%, equivalent to Rp. 50 per kg. Secretary-General of the Parent Market Traders Cooperative (Inkopas) Ngadiran said that the stable high price movement of granulated sugar was probably due to reduced stock in the market. Although he added, that's not usually the case in the current period of time. "Sugar prices are likely to be like this because the stock is decreasing. I will try to monitor it with my friends.

Original content

Jakarta, CNBC Indonesia - The price of granulated sugar on the national market on January 17, 2022 is still steadily strengthening. The National Strategic Food Price Information Center (PIHPS) website noted that the average price of local granulated sugar was IDR 14,000 per kg, or an increase of 1.82%, equivalent to IDR 250 per kg. Meanwhile, the average price of premium granulated sugar as of January 17, 2022 has reached Rp. 15,450 per kg, or an increase of 0.32%, equivalent to Rp. 50 per kg. Secretary General of the Parent Market Traders Cooperative (Inkopas) Ngadiran said that the stable high price movement of granulated sugar was probably due to reduced stock in the market. Although, he added, that's not usually the case in the current period of time. "Sugar prices are likely to be like this because the stock is decreasing. I will try to monitor it with my friends. But it is possible that the stock is thin, and the sugar will last a long time. If these days are usually not ...

Source: Cnbcindonesia