AreaIndonesia

Commodity GroupRice

CommodityAll

Date30/03/2023

Policy CategoryConsumption and marketing

Policy InstrumentPrice controls

DescriptionSet maximum retail prices (MRPs) for medium quality rice at IDR 10 900-11 800 (USD 0.76-0.83) per kg, depending on the various regions. Price ceilings ranging from IDR 13 900 to 14 800 (USD 0.97–1.04) per kg were also set for premium rice qualities, while MRPs were not applied to specialty rice. The MRPs became effective on 31 March 2023.

NotesExchange rate as of 15 May 2023.