AreaIndonesia

Commodity GroupRice

CommodityAll

Date24/03/2023

Policy CategoryProduction

Policy InstrumentGovernment procurement, purchasing prices

DescriptionRaised government purchase prices for wet paddy to IDR 5 000-5 100 per kg (USD 350-357 per tonne), up 19.0-20.0 percent from levels set in March 2020. For dry paddy, the government purchase prices were raised by 18.1-18.9 percent to IDR 6 200-6 300 (USD 434-441 per tonne) and for milled rice by 19.9 percent to IDR 9 950 per kg (USD 696.5 per tonne).

NotesExchange rate as of 15 May 2023.