Babanas found that the price of soybeans at Rp20,000 per kg in Jakarta comes from small traders with limited stock, while the general price remains stable.
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Panennews.com - The National Food Agency (Bapanas) along with the Food Security, Fisheries, and Agriculture Agency (KPKP) of DKI Jakarta conducted a surprise inspection (sidak) at Menteng Pulo Market. This inspection was carried out to follow up on news that soybean prices were reported to reach Rp20,000 per kilogram in the DKI Jakarta area. The results of the inspection revealed that the Rp20,000 per kg soybean price came from small traders who did not take their supply from official distributors. These traders only had limited stock and were experiencing difficulties selling their goods quickly, so they raised the price to cover costs. “We specifically went to Menteng Pulo Market, besides yesterday there was news that soybean prices were Rp20,000 per kilo. Indeed, there were stalls selling soybeans for Rp20,000. The mother bought stock from online at Rp10,100 to Rp10,200. But because it was very slow selling, only 5 kilograms in a month, so the price was raised,” stated Deputy ...