Indonesia: There is a signal that the price of eggs will soon decrease

Published 2022년 11월 30일

Tridge summary

The price of chicken eggs in Indonesia is increasing due to demand from the industrial sector and government reference prices, as well as higher transportation costs due to fuel price fluctuations. The supply from breeders is not yet back to normal due to early cullings during the pandemic, but is expected to improve within a month. The president of Layer Farmers Indonesia has asked the government not to interfere with the market to reduce egg prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - The price of chicken eggs is still being observed creeping up. Today, Wednesday (30/11/2022, 14.17 WIB), Jakarta Food Information reports that the price of purebred chicken eggs has increased by IDR 42 to IDR 30,191 per kg. President of Layer Farmers Indonesia, Ki Musbar Mesdi, the current spike in egg prices was triggered by various factors. That is, demand increases, especially from the industrial segment, ahead of Christmas and New Year. "A month before HBKN (National Religious Holidays), the price of important staples always rises 10-15%," Musbar told CNBC Indonesia, Wednesday (30/11/2022). In addition, the government also sets the latest reference prices, both at the producer and consumer levels. As is well known, the Head of the National Food Agency (Bapanas) Arief Prasetyo Adi issued the Republic of Indonesia National Food Agency Regulation (Perbadan) No 5/2022 concerning Reference Purchase Prices at the Producer Level and Sales Reference Prices at ...

Source: Cnbcindonesia