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17 May 2016

Ministry of Trade Intensifies Border Sugar Market Operations

Ministry of Trade Intensifies Border Sugar Market Operations


According to the Secretary General of the Ministry of Trade, Srie Agustina, in Jakarta on Monday, the move was made to stabilize the price of sugar in line with the government's target of around Rp11,500 per kilogram.

“The current price of sugar is around Rp14,800 per kilogram. However, in the market operations, the price is Rp11,500 per kilogram for the Java region, and Rp12,000-Rp12,800 per kilogram outside Java,” Srie said.

He continued that the sugar market operations in all regions are being conducted by PT Perusahaan Perdagangan Indonesia (PPI) (Persero), and specifically in remote areas, they are assisted by the TNI AD (Indonesian Army) cooperative and the police.

The sugar that has been prepared comes from local farms.

PPI itself has allocated a stock of granulated sugar to support the low-priced Ramadhan market activities throughout the country, totaling 190,000 tons.

The government believes that sugar has always been a contributor to inflation during the period leading up to Ramadhan and Lebaran. Therefore, the government is truly paying attention to the price stability of the sugarcane product.

Previously, PT Rajawali Nusantara Indonesia (RNI) held sugar market operations to stabilize the price of sugar in the Jakarta and Bogor areas of West Java, on May 12 and 13, 2016.

At that time, PT RNI provided 100 tons of sugar, which was distributed at eight locations in Jakarta and two locations in Bogor, and the community was only allowed to buy a maximum of 5 kilograms of sugar. 


Editor: Aditia Maruli
http://www.antaranews.com/berita/561253/kemendag-intensifkan-operasi-pasar-gula-di-perbatasan


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