TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Govt to issue new ceiling prices for rice, cooking oil, garlic

  • News Desk

    The Jakarta Post

Jakarta   /   Wed, July 12, 2017   /   12:45 pm
Govt to issue new ceiling prices for rice, cooking oil, garlic Trade Minister Enggartiasto Lukita (JP/Stefani Ribka)

The Trade Ministry has confirmed its plan to set new ceiling prices for rice, cooking oil and garlic.

The ministry will coordinate with the Agriculture Ministry, which regulates staple food production.

Currently, the ministry has set ceiling prices for rice, bulk cooking oil and simple packaged cooking oil at Rp 9,500 per kilogram, Rp 10,500 per liter and Rp 11,000 per liter, respectively.

New ceiling prices for rice will vary according to its variant.

Read also: BI, government upgrade online food price center

The garlic ceiling price, meanwhile, has changed frequently because of unstable stocks imported from China and alleged hoarding and price-fixing practices by certain importers. 

"We don't want to be played by garlic importers anymore. We won't let only certain importers dominate 60 to 70 percent of the market. Never," Trade Minister Enggartiasto "Enggar" Lukita said recently as quoted by Tribunnews.com.

Currently, garlic importers need to apply for import documents at the Agriculture Ministry and Trade Ministry. (rbk/bbn)