Indonesia’s national rice stock at 8 mln tons by year-end
Indonesia’s rice stocks have reached 8 million tons, with the State Logistics Agency (Bulog) holding 2 million tons. The government plans to halt rice imports for 2025, aiming for a production of 32 million tons, exceeding the national need of 31 million tons. Focus will now be on preparing for the main harvest, expected to yield 12-13 million tons by March. The government has also reduced Bulog’s stock by 220,000 tons for food aid. The country is on track to meet its rice needs without further imports.
Indonesia’s Coordinating Minister for Food Zulkifli Hasan said on Monday that the national rice stock has reached eight million tons by the end of 2024, so there will be no need for additional imports, including for next year.
The State Logistics Agency (Bulog) alone has stock of two million tons, he said.
Hasan stated that the government has decided to stop rice imports and produce up to 32 million tons of rice in 2025, which is much higher than the domestic need of 31 million tons. The remaining rice will be stored in the Government Food Reserve.
The plan to stop imports was also included in the 2025 commodity balance, according to the minister.
Meanwhile, head of the National Food Agency (Bapanas) Arief Prasetyo Adi affirmed that Indonesia will not continue with rice import as national rice stocks are already sufficient.
The stocks at Bulog are currently more than sufficient and have also been reduced by 220,000 tons for food aid.
At present, the nation must focus on preparing for the main harvest, which is expected to reach 12-13 million tons at the end of February-March, he added.
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Source : The Investor
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