Onion and chili prices are racing down in Indonesia

Published 2023년 4월 26일

Tridge summary

During the four days of Idul Fitri 2023, the price of chilies at DKI Jakarta traditional markets, including Pasar Jaya Enjo in East Jakarta, has noticeably dropped to IDR 30,000 per kg from previous prices of IDR 40,000-50,000 per kg, due to decreased demand. This price decrease is expected to be temporary, with an increase likely once demand returns to normal. Conversely, the prices of shallots and garlic have significantly risen to IDR 60,000 and IDR 40,000 per kg, respectively, possibly influenced by higher market demand. This situation highlights the fluctuation in the prices of essential food items post-Idul Fitri, with chili prices experiencing a post-festival dip while shallots and garlic prices surged, reflecting the complexities of Indonesia's agricultural market dynamics.

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

Original content

Jakarta, CNBC Indonesia - Entering 4 days of Idul Fitri 2023, the price of chili at the DKI Jakarta traditional market has been observed to decrease, both red cayenne pepper and curly red chili prices have fallen to IDR 30,000 per kg. Whereas previously the price of chili was priced at IDR 40,000-50,000 per kg. CNBC Indonesia's monitoring at Pasar Jaya Enjo, East Jakarta, on Wednesday (26/4/2023) morning, the price of chilies decreased quite drastically, after previously experiencing a crazy increase of up to IDR 80,000 per kg. The reason for the decline in chili prices after Eid is due to decreased demand. Mami, a vegetable seller at Enjo Market, predicts that chili prices will likely increase again after demand returns to normal. As is known, currently many people are still traveling back and forth to their hometowns. "Today's red cayenne pepper I sell for Rp. 30,000 per kg, if from mains it is Rp. 20,000 per kg. I don't know if it will go up or not later, but I think it will ...

Source: Cnbcindonesia