Perum Bulog Predicts Stable Rice Prices for Ramadan and Eid Al-Fitr 2025
Jakarta – Perum Bulog predicts that rice prices will remain stable during the Ramadan and Eid al-Fitr 2025 period due to the abundant harvest in March-April.
According to the Company Secretary of Perum Bulog, Arwakhudin Widiarso, rice prices will remain stable as stocks will be plentiful during this harvest season.
During Ramadan and Eid al-Fitr, rice prices usually soar due to increased demand. However, during the harvest season, rice prices tend to decrease.
Arwakhudin predicts that rice prices will remain stable because of the high availability of stocks.
“High demand, but high supply as well, meaning it shouldn’t really have an impact. Hopefully, we will get normal prices,” he said at the Bulog office, South Jakarta, on Tuesday (1/17/2025).
During this harvest season, Bulog aims to absorb 1.4 million tons of rice equivalent or 70 percent of the total rice absorption target for 2025.
This year, based on the assignment letter from the National Food Agency received by Bulog, they are required to absorb 2 million tons of rice.
“Our target for this first planting season is to meet at least 70 percent of the domestic procurement target for rice paddy,” said Arwakhudin.
Arwakhudin explained that the rice absorption during this harvest season will be divided into three types of commodities.
Firstly, in the form of Harvested Dry Grain (GKP). Bulog will buy paddy directly from farmers using the new Government Purchase Price (HPP) of Rp 6,500 per kilogram.
Secondly, Bulog will procure Milled Dry Grain (GKG). They will collaborate with farmer groups for procurement.
This will be stored and processed into rice.
Thirdly, Bulog will procure rice directly.
### Expert Insight: Ensuring Stable Rice Prices
To gain further insight into the predicted stability of rice prices during Ramadan and Eid al-Fitr 2025, we spoke with Dr. Sarah Khan, a food economics expert with over a decade of experience in the industry.
Dr. Khan emphasized the importance of strategic planning and effective management of rice stocks to maintain price stability during periods of high demand.
She highlighted the role of organizations like Perum Bulog in ensuring adequate rice supply and distribution to meet consumer needs.
By implementing transparent pricing mechanisms and efficient procurement strategies, Dr. Khan believes that Perum Bulog can effectively manage the rice market dynamics to benefit both producers and consumers alike.
As we look ahead to the upcoming harvest season, Dr. Khan’s insights provide valuable perspective on the factors influencing rice prices and the measures needed to achieve price stability in the market.
