TEMPO.CO, Jakarta – Indonesian Association of Retailers (Aprindo) Chairman Roy N. Mandey announced on Sunday that the prices of wheat-Oil-based processed foods and beverages will remain stable until next May, or when the Muslim community celebrates Eid al-FItr.
“Members reported normal supplies and no significant reports of wheat-based foods and beverages. This means supplies until ‘lebaran’ becomes available,” Roy said in an interview with Bisnis.com March 6.
The supplies currently available at modern outlets, he said, are based on prices from production costs which have not been adjusted due to rising wheat prices in the international market. . He explains that producers will not start production adjusted by the latest wheat prices until May.
He says the current national wheat supply stands at around 2 million tonnes and is expected to last until April 2022.
As previously reported, the Indonesian Flour Producers Association (Aptindo) ensured that the supply of wheat for domestic industrial and consumer needs would be maintained amid the ongoing war between Russia and Ukraine.
Aptindo executive director Ratna Sari Loppies said on Sunday that the companies are currently communicating with wheat producers outside Ukraine and Russia to supply Indonesia domestically. “I don’t think we need to worry about supply constraints from Ukraine, because there’s still plenty of supply from other producers,” Ratna said.
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