Indonesia plans nationwide single rice price to cut disparities
Indonesia is set to implement a single rice price policy nationwide to address regional price differences. Zulkifli Hasan, the Coordinating Minister for Food Affairs, announced that the initiative aims to ensure uniform rice prices, especially benefiting eastern Indonesia. The government will support distribution financing to overcome logistical hurdles. The policy is still under preparation and will involve strengthening the role of the state-owned logistics agency, Bulog.
What we know
- Zulkifli Hasan stated that the government plans to apply a single rice price nationwide in 2026.
- The policy targets uniform rice prices across all regions, including eastern Indonesia, by providing support for distribution costs.
- Authorities discussed assigning Bulog a margin to ensure it has enough financing capacity for rice distribution and price stability.
- Reference prices mentioned include 14,900 rupiahs per kg for premium rice and 13,500 rupiahs per kg for medium rice.
- Rice for lower-income groups is currently sold at 11,000–12,000 rupiahs per kg under Bulog’s subsidised programme.
