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The Indonesian Sugar Association (AGI) urges the government to immediately open the tap for white granulated sugar imports. Imports are considered able to lower sugar prices in traditional markets, which had reached Rp 16,800 per kilogram (kg). The price increase was partly caused by a sugar shortage in the market.
The Ministry of Trade (Kemendag) stated that imported granulated sugar will arrive at the end of March 2020. This import is stipulated in the Import Permit Letter (SPI) issued by the Kemendag, amounting to 438,800 tons. This additional supply is expected to lower the soaring sugar prices in the market.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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