BPS: Increasing Grain Prices Need to Be Cautious

By : Herry Barus And Aldo Bella Putra | Wednesday, September 05 2018 - 04:30 IWST

Panen Padi (Foto Dok Industry.co.id)
Panen Padi (Foto Dok Industry.co.id)

INDUSTRY.co.id - Jakarta - Head of the Central Statistics Agency (BPS) Suhariyanto said the relevant parties need to be aware of the increase in the price of dry unhulled rice at the farmer level in August 2018.

In a press conference in Jakarta, Monday (3/9/2018) Suhariyanto explained that the increase in the price of dried rice harvest showed that the stock or harvest in the area began to decrease.

Suhariyanto explained that according to BPS records there was an increase in grain prices in Lampung by 7 percent, Central Java 8.7 percent, and Banten 14.09 percent.

"So, this stock indicates that the harvest is indeed reduced in various production areas," he said.

BPS noted that the average price of harvested dry grain (GKP) at the farm level was Rp. 4,774 per kilogram in August 2018 or up 3.05 percent compared to the previous month.

On the contrary, continued Suhariyanto, the price of rice in milling generally shows a decline. The average price of medium-quality rice in mills is Rp. 9,172 per kilogram or down by 0.28 percent (August 2018 to July 2018).

"We actually have tracked this. It could happen that when it was milled there was an old stock. So the dry grain harvest did not immediately enter the mill at the time, there was a different time lag between regions," he said.

News Comment

Today's Industry

Fuse, The insurtech companies

Jumat, 26 November 2021 - 16:11 WIB

FUSE Being The Only Insurtech From Indonesia Included In "The World's Top 100 Insurtech 2021"

Sønr Global, the world's leading market intelligence platform designed specifically for the insurance industry, along with leading consultant Ernst & Young (EY), have just released the World's…

PT Dharma Polimetal Tbk's advanced robot technology to produce electric vehicle components

Jumat, 26 November 2021 - 15:00 WIB

Ahead of IPO, DRMA Stimulates Electric Vehicle Component Business Opportunities in Indonesia

PT Dharma Polimetal Tbk (“DRMA”), an automotive component manufacturing company belonging to the Triputra Group which is planning to conduct an Initial Public Offering (IPO) at the end of…

Dr Maria Corlianò Co-Founder and Chief Technology Officer, OSbiome

Jumat, 26 November 2021 - 14:10 WIB

OSBIOME: Personalised Self-Care Platform For Optimum Health Management Through The Gut

Discussing gut issues such as bloating, diarrhoea and constipation with your partner, family or close friends can be embarrassing and disheartening. Many also tend to shrug off the pain and…

Citi Indonesia CEO, Batara Sianturi

Jumat, 26 November 2021 - 13:25 WIB

Citi Indonesia Posted Rp869 Billion in Net Income during Third Quarter of 2021

Citibank N.A., Indonesia (Citi Indonesia) posted a Net Income of Rp869 billion during the third quarter of 2021. The earning is lower than the same period last year, driven by lower trading…

Cybersecurity Jobs. PHOTO: Cybercrime Magazine.

Rabu, 24 November 2021 - 21:00 WIB

What vulnerabilities and security issues plague web and mobile apps?

One of the most compelling reasons organisations use third-party application security testing is to extend their own software security testing capability when circumstances make adding new resources…