Egg Prices Not Going Down, Government Threatens Market Intervention

By : Ahmad Fadli And Aldi Firhand. A | Wednesday, July 18 2018 - 22:03 IWST

Eggs
Eggs

INDUSTRY.co.id - Jakarta - The government has prepared measures to stabilize the price of eggs and chicken meat in the market. These efforts have received positive response from business actors.

"There are several steps ahead that we ask and also can be a positive response from the perpetrators, ie do not take additional profits," said Trade Minister Enggartiasto Lukita

He said it would also intervene in the market if the price of eggs and chicken meat did not fade down. The move will be taken if during this week commodity prices were not also declining.

"We are preparing a step to intervene in the market, which is done by asking the big integrators to issue their stocks and we will make direct sales in the market," Enggar said.

For information, the price of chicken eggs in the country, at the Market Pal Merah on Friday (13/7/2018), reached Rp 29,000. While in one of the modern markets in Ciledug, Tangerang, Sunday (15/07/2018), egg prices reached Rp 28.900 per kilogram. The increase of chicken egg price reaches Rp 5,000 to Rp 7,000 per kilogram from the normal price of Rp 22,000 to Rp 24,000.

News Comment

Today's Industry

GoTo is a blend of Gojek and Tokopedia. (Photo: republika.co.id)

Selasa, 27 September 2022 - 07:03 WIB

On the Sustainable Revenue Growth Path, Macquarie Securities Assesses GOTO Outperform

PT GoTo Gojek Tokopedia Tbk (GOTO) received an Outperform rating from Macquarie, an Australian-based securities company. The largest digital ecosystem company in Indonesia is considered to be…

TokoScore owns features of income prediction and fraud flags. (Photo: indotelko.com)

Kamis, 22 September 2022 - 12:29 WIB

Encouraging Financial Inclusion, Tokoscore Services Enable to Raise GOTO Revenue

The expansion of PT GOTO Gojek Tokopedia Tbk (GOTO) into the creditworthiness analysis business as known as credit scoring, through Tokoscore, has received a positive response from market players.…

Alternative tobacco products. (Photo: lifestyle.sindonews.com)

Rabu, 21 September 2022 - 11:20 WIB

Indonesia Needs to Encourage Alternative Tobacco Products Research Collaboration

The scientific studies development on alternative tobacco products in Indonesia is still too minimal. The Indonesian government is suggested to encourage research collaboration on alternative…

Alternative tobacco products. (Photo: lifestyle.sindonews.com)

Rabu, 14 September 2022 - 12:30 WIB

Adult Smokers Entitled to Valid and Reliable Information of Alternative Tobacco Products

Public owns the rights to obtain valid and reliable information to improve their health quality. The same rights is also owned by adult smokers, particularly to pertinent information about the…

Tikki Pangestu, the former Director of Policy Research and Cooperation of World Health Organization (WHO). (Photo: channelnewsasia.com)

Selasa, 06 September 2022 - 19:10 WIB

Alternative Tobacco Products, Strategy to Reduce Smoking Prevalence

The high smoking prevalence has been closely associated with increased smoking-related diseases. Alternative tobacco products are predicted to be one of the solutions that can help reduce smoking…