Government Raises Reference Price of Rice

President Jokowi promised that the government would try to even out the prices so that the farm-level price for unhulled rice was good and fair enough. The price of rice at the level of traders should be reasonable too.

KOMPAS/TOTOK WIJAYANTO (TOK)

Laborers from Ngawi harvest rice in Pelem Gadung Village, Karangmalang, Sragen, Central Java, during the first big harvest season, Wednesday (1/3/2023).

JAKARTA, KOMPAS — After three years, the government has finally revised its policy on its reference price (HPP) for unhulled rice and rice. Apart from the HPP, the government has also set the retail price ceiling (HET) for rice. With the policy revision, it is hoped that the farm-level price of unhulled rice and the prices for traders and consumers are now fair.

Arief Prasetyo Adi, the head of the National Food Agency (BPN), announced the increase in the HPP for both unhulled rice and rice after attending a limited meeting presided by President Joko “Jokowi” Widodo at the State Palace in Jakarta on Wednesday (15/3/2023).