There's a threat of shortage of tofu and tempeh in Indonesia, here are the culprits

Published 2024년 1월 3일

Tridge summary

The scarcity of soybeans in the market has led to a decrease in production for some tofu and tempeh craftsmen, with 20-30% of them stopping production. This shortage has also caused the price of soybeans to rise, even though other countries are harvesting soybeans which should lower the price. The possibility of importers holding stock to raise prices exists, but it is unclear if they will be taxed for doing so.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - The loss of stocks of soybean raw materials from the market has caused some tofu and tempeh craftsmen to stop production in recent times. The current condition of soybeans disappearing from the market is considered to be the worst in the last 10 years or since the beginning of President Joko Widodo's regime in power. This has made several tofu-tempeh craftsmen stop production. According to records from the Indonesian Tofu Tempe Producers Cooperative Association (Gakoptindo), 20%-30% of the total 150 thousand tofu and tempe craftsmen have stopped production. This creates a scarcity of tofu and tempeh in several markets. "For several years, at the end of every year, demonstrations have always been on strike because the price has risen, talking about the scarcity of soybeans for more than 10 years, this time it is rare. Last year soybeans were not scarce but the increase was crazy, now the increase is not crazy but there are none, they are rare. This is "The ...

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