AreaIndonesia

Commodity GroupRice

CommodityAll

Date24/04/2024

Policy CategoryConsumption and marketing

Policy InstrumentPrice controls

DescriptionExtended the validity of the IDR 14 900-15 800 (USD 0.89-0.95) per kg maximum retail prices (MRPs) applied on premium rice until 31 May 2024. In addition, it decided that the MRP for medium quality rice, which was previously set at IDR 10 900-11 800 (USD 0.65-0.71) per kg depending on the various zones, would also be relaxed to IDR 12 500-13 500 (USD 0.75-0.81) per kg until 31 May 2024.

NotesExchange rate as of 15 May 2024.