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Indonesia: Government increases rice prices

Rice
Indonesia
Published Mar 16, 2023

Original content

Jakarta, CNBC Indonesia - The government has made adjustments to the highest retail price (HET) and government purchase prices (HPP) for grain and rice. This is done to control the high price of rice in the market. "So if the price of grain cannot be controlled, the price of rice will be high. So we need a maximum limit," said Head of the National Food Agency (Bapanas) Arief Prasetyo Adi at the State Palace, Presidential Palace Complex, Jakarta, Wednesday (15/3/2023) . For the HPP of grain, dry harvested unhusked rice (GKP) is set at the farm level at IDR 5,000 per kg and at the milling level at IDR 5,100 per kg. Meanwhile, milled dry unhusked rice (GKG) is Rp. 6,200 per kg at the mill and Rp. 6,300 per kg at the Bulog warehouse. Meanwhile, rice in Bulog warehouses with a milling degree of 95%, moisture content of 14%, broken grains of 20%, maximum grain groats of 2%, costs IDR 9,950 per kg. This figure has increased compared to before. In the Regulation of the Minister of Trade ...
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