Indonesia in talks to export rice to Malaysia, Bulog chief executive says
Indonesia is in talks to export 200,000 tonnes of rice to Malaysia as state agency Bulog manages record stockpiles of 5.2 million tonnes. Indonesia’s January–June rice production is also projected to rise slightly year-on-year to 19.31 million tonnes.
JAKARTA (May 7): Indonesia’s state logistics company Bulog is holding talks to export rice to Malaysia, local media reported on Thursday, citing Bulog’s chief executive Ahmad Rizal Ramdhani.
Indonesia in talks with Malaysia to export 200,000 metric tons of rice and is currently negotiating the price.
Bulog currently holds 5.2 million tonnes of rice in stock.
Indonesia’s rice output for the January-June period is expected to rise 0.26% from a year earlier to 19.31 million metric tons, data from the country’s statistics bureau showed.
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Source : The Edge Malaysia
