Sugar Prices Continue to Climb Until September 2023

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Adi Ahdiat 02/10/2023 11:20 WIB

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According to the Ministry of Trade's data, the national average price of granulated sugar continued to climb, reaching Rp14,490 per kg in September 2023, the highest price in the last three years.

National Average Price of Granulated Sugar per Month (September 2020-September 2023)

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National Average Price of Granulated Sugar per Month (September 2020-September 2023)

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According to the Ministry of Trade's data, the average price of granulated sugar in Indonesia reached Rp14,940 per kilogram (kg) in September 2023.

This price increased by 1.5% compared to August 2023 (month-on-month/mom) and by 3.7% compared to the average price in September of the previous year (year-on-year/yoy).

The average national price of granulated sugar has consistently been creeping up for ten consecutive months since December 2022.

By September 2023, the average price had reached its highest record in the last three years, as shown in the graph above.

Broken down by province, in September 2023, 19 provinces had granulated sugar prices higher than the national average, while 15 provinces had prices below the average.

Granulated sugar prices are generally higher in Eastern and Central Indonesia but tend to be cheaper in Western Indonesia.

Below is a list of the 10 provinces with the highest average granulated sugar prices in September 2023:

1. North Maluku: Rp16,088 per kg
2. West Papua: Rp16,010
3. Gorontalo: Rp16,000
4. Papua: Rp15,900
5. Maluku: Rp15,668
6. North Sulawesi: Rp15,550
7. Aceh: Rp15,365
8. Central Sulawesi: Rp15,308
9. East Nusa Tenggara: Rp15,245
10. East Kalimantan: Rp15,223

Here is a list of the 10 provinces with the lowest average granulated sugar prices in September 2023:

1. East Java: Rp13,750 per kg
2. South Sumatra: Rp14,000
3. Bali: Rp14,125
4. Central Java: Rp14,270
5. Jambi: Rp14,275
6. Bangka Belitung: Rp14,448
7. Bengkulu: Rp14,463
8. Yogyakarta Special Region: Rp14,493
9. Lampung: Rp14,500
10. North Sumatra: Rp14,518

Editor : Adi Ahdiat

"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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Sugar Prices Continue to Climb Until September 2023

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