Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
Indonesia Will Import More than 2mn Tons of Rice This Year, Bulog Says.
Jan 12, 2024
State Logistics Agency (Bulog) president director Bayu Krisnamurthi said that the government agreed to assign them with importing 2 million tons of rice this year. Bayu said that the decision was made based on the food balance to maintain the balance of the government's rice reserve (CBP) stock.
'As of now, the food balance for rice is 2 million tonnes. We have discussed it, but it may be more than 2 million tonnes,' Bayu said at Bulog's office in Jakarta on Thursday, January 11.
He said the 2 million ton import assignment had not been realized because of transportation problems. He explained that the silting in the Suez Canal and the conflict in the Middle East had hampered the delivery of imported food supplies. 'It's not easy for us to get ships and containers.'
In addition, there is still the process of importing rice from the remaining assignments from last year amounting to some 500,000 tons, he said.
However, Bayu ensured that the government's rice reserve stock (CBP) in the Bulog warehouse was safe. He said Bulog would ensure a CBP supply of 1.3 million tons for market operations and rice aid distribution starting in January.
Despite the task to import rice, Bayu said he was pessimistic that rice prices this year would decline anytime soon. According to him, rice prices will still soar this year because domestic production has not yet recovered, production costs are still high, especially fertilizers, and the policies of rice-producing countries to protect supplies.
Previously, President Joko Widodo said that the rice import assignment policy was still difficult to stop because domestic production was not enough to meet needs.
During the 2024 Indonesian Economic Outlook held by the Coordinating Ministry for Economic Affairs, Jokowi confirmed that Indonesia would import one million tons of rice from India and two million tons from Thailand to ensure the safety of Indonesia's national rice reserves in 2024.
en.tempo.co
Archive