Indonesia: Sugar prices are increasingly out of control, today the record broke through IDR 18,200

게시됨 2024년 4월 26일

Tridge 요약

The Indonesian government has increased the reference price for consumer sugar by IDR 1,500, ranging from IDR 17,500 to IDR 18,500 per kg, from April 5 to May 31, 2024. This decision aims to ensure sugar availability and stabilize prices, which have been rising since September 2023. The highest price recorded was 29,320 per kg in the Papua Mountains, significantly higher than the average price of IDR 14,400 per kg from the previous year. The government is implementing measures such as a cheap food movement, distribution of sugar, and accelerating imports of raw crystal sugar to control the market and prevent disruption.
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원본 콘텐츠

Jakarta,CNBC Indonesia - Consumable sugar prices are observed to continue to increase. On the other hand, the government has increased the reference price for sugar at the consumer level by IDR 1,500, which is valid from April 5 to May 31 2024. The Food Agency Price Panel noted that the price of sugar today, Friday (26/4/2024), increased by IDR 40 to IDR 18,260 per kg. A week ago, (19 April 2024), the price was still at IDR 18,060 per kg. This price is the national daily average at the retail trader level. Today's highest price reached 29,320 per kg, which occurred in the Papua Mountains. Meanwhile, the lowest was in the Riau Islands, recorded at IDR 16,460 per kg. The current price of sugar far exceeds the previous year's price. A year ago, sugar prices were still around an average of IDR 14,400 per kg in April. Prices have been observed to continue to rise since September 2023, until they reached the highest level in December which was recorded at IDR 17,270 per kg. Deputy for ...

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