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View all search resultsCommodity price intelligence provider Argus in August revealed that parts of the upper reaches of the Barito River have become completely unnavigable, with some mining companies in the area already declaring force majeure on shipments.
Rice prices have trended upward for the past seven months despite the Prabowo Subianto administration’s claim that Indonesia has achieved rice self-sufficiency. The price increase has occurred even as rice stocks held by the State Logistics Agency (Bulog) remain high. The trend could intensify as an El Niño-induced dry season brings worsening drought conditions, potentially disrupting harvests and putting further upward pressure on rice prices.
More than 5,000 hotspots were detected as of July 29, a sharp increase compared to previous El Niño years in 2015, 2019 and 2023, BMKG official Ardhasena Sopaheluwakan said in an online briefing. The provinces of West Kalimantan, South Papua and Riau recorded the most hotspots.
North Sumatra was hit by widespread fuel shortages last week, forcing motorists to endure lines stretching up to 13 kilometers outside filling stations. Some drivers even had to wait overnight as stations ran out of fuel supplies.
A number of regions in Indonesia are suffering from crop failures, as the onslaught of the warming El Niño climate phenomenon intensifies and may extend the dry season through next year, with rice production already dropping in the last three months.
Waterways across Europe have been affected by prolonged heatwaves and drought this year and the average peak temperature across Western Europe on Monday was forecast to be 26.2 degrees Celsius, 2.7 degrees above the normal high for July 20, the Reuters Climate Monitor shows.
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