Tridge summary
Global soybean prices have driven up the cost of tempeh and tofu, with further increases expected due to supply disruptions in Brazil and inflation in the United States. The Director General of Domestic Trade in Indonesia's Ministry of Trade, Oke Nurwan, announced that the price of tempeh may reach IDR 10,300 - 10,600 per kilogram, and tofu IDR 52,450 - 53,700 per board or IDR 650 - 700 per piece. This price hike is due to the rising cost of soybeans, which are currently priced at Rp. 11,500 per kilogram.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Jakarta, CNBC Indonesia - The price of tempeh and tofu will increase in the near future. The increase was due to a spike in global soybean prices, due to supply disruptions in Brazil and the United States. The Director General of Domestic Trade at the Ministry of Trade, Oke Nurwan, explained that the price development of the CBOT (Chicago Board of Trade) price in February reached US$15.77 per bushels, with the price level at importers reaching Rp.11,240 per kilogram. In the near future the price will increase. "According to the information received, this increase could reach US$15.79 per bushels in May, then it will decrease in July. The estimate is only US$15.74 per bushels at the importer level," said Oke in a press conference, Friday (11/2/2011). 2022). The increase was due to supply disruptions in Brazil where there was a decline in production from 140 million tons to 125 million tons. In addition, inflation in the United States also occurred which had an impact on the prices ...
Source: Cnbcindonesia
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