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Dream - The National Food Body (Bapanas) said that the highest retail price (HET) of rice will increase after May 31, 2024. However, the exact timing of the increase in HET for rice has not been announced.
"Previously, the President Director of Perum Bulog, Bayu Krisnamurthi, predicted that the ceiling price for both premium and medium rice would be difficult to lower. According to him, if the ceiling price returns to its original price, a large harvest is needed."
To be known, the relaxation of the increase in the ceiling price of premium rice has been directly approved by President Jokowi from Rp13,900 per kg to Rp14,900 per kg until April 2024.
Bayu stated, HET can return to its original price, if accompanied by high domestic procurement so that the demand and supply remain balanced and maintained.
Bayu said quoted from Liputan6.com, Tuesday, May 21, 2024.
"While looking at the data from the Central Statistics Agency (BPS), there will be a rice deficit of 450 thousand tons in June 2024. Therefore, the possibility of the reference price returning to normal is very small. 'If we look at the BPS data, there is already a deficit in June. So, I assume it will be difficult for the reference price to return,' added Bayu."
"Previously, the Head of Bapanas, Arief Prasetyo Adi Dia, stated that the extension of the relaxation of the premium rice HET (Maximum Retail Price) is done to maintain availability in the market. Specifically, the stock of premium rice in modern markets. 'To ensure stock in the market, especially in modern markets and outlets,' said Arief."
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