Update Indonesia's Evolving Sugar Demand for Consumption and Salt Needs for Industry

Rabu, 11 Oktober 2023 | 01:10 WIB
Update Indonesia's Evolving Sugar Demand for Consumption and Salt Needs for Industry
[ILUSTRASI. Sugar Consumption. Loading and unloading of Caster Sugar or Kustor Sugar at the port of Sunda Kelapa, Jakarta, Wednesday (23/12). Towards the end of this year, the Indonesian People's Sugar Cane Farmers Association stated that there was still a stock of 1 million tons of farmers' sugar that had not been absorbed, this stock was enough to meet consumption sugar needs until April 2016. KONTAN/Cheppy A. Muchlis]
Reporter: Filemon Agung | Editor: Syamsul Azhar

KONTAN.CO.ID - JAKARTA. The effort to fulfill the needs of industrial salt and consumer sugar domestically still faces obstacles.

The CEO of ID FOOD, Frans Marganda Tambunan, revealed that currently, the import of industrial salt and consumer sugar is still being carried out to meet domestic needs.

Frans explained, that besides food and beverages, salt is also needed for industries including mining and fertilizers.

His party continues to increase the capacity of the salt processing plant for food and beverages. Currently, the total capacity of the processing plant is said to reach 57 thousand tons per year.

"We will continue to increase it because there is still a large gap. Currently, we import about 3 million tons every year," said Frans in the "Ngopi" BUMN event, on Tuesday (10/10).

Baca Juga: Indonesia Imports the Most Rice from Thailand

Another effort made is to establish synergy with other state-owned enterprises related to processing salt into caustic soda and ice soda on salt pond land in Sumenep, Madura.

Frans revealed, that the obstacle to fulfilling domestic needs also occurs for the commodity of consumer sugar.

According to him, currently, ID FOOD is focused on meeting the consumption needs of sugar domestically. However, until now there is still a shortage of supply of about 800 thousand tons to 1 million tons each year that must be met through imports.

"This year we together with PTPN got the assignment of total stabilization of 500 thousand equivalent to white crystal sugar," added Frans.

Baca Juga: Indonesia President Says Rice Stock Sufficient Amid Rising Prices

So far, the realization has been carried out as much as 107 thousand tons. His party is still waiting for the government's decision in a limited coordination meeting to be able to complete the import this year.

Frans explained sugar imports are now faced with the challenge of finding it difficult to find supplier countries. India, which has been the main supplier, has decided not to export sugar until next year. Meanwhile, supplies from Thailand are considered not available enough. The most likely market is Brazil.

"So we also encourage the decision of stabilization to be obtained as soon as possible," said Frans.

Especially since the milling season will end soon. Prices are predicted to surge after the milling season ends.

In addition, ID FOOD is also trying to chase the target of fulfillment in preparation for the fasting month and Eid next year.

Frans explained, the quota for imports has been set at 250,000 equivalent to raw sugar or about 230 thousand white crystal sugar. So far, the realization has reached 107,000.

"The quota is already there because it is the result of last year's decision, just waiting for the decision permit," explained Frans.

The total budget for about 125 thousand tons of this sugar is estimated to reach Rp 1.5 trillion.

 

Bagikan

Berita Terkait

Berita Terbaru

Aturan TKDN Baru Berpotensi Mendongkrak Investasi Motor Listrik
| Jumat, 19 September 2025 | 07:45 WIB

Aturan TKDN Baru Berpotensi Mendongkrak Investasi Motor Listrik

Regulasi ini memberikan insentif berupa tambahan nilai TKDN minimal 25% bagi perusahaan yang membenamkan investasi di dalam negeri.

Pasar Obligasi Menyambut Penurunan Suku Bunga Bank Sentral
| Jumat, 19 September 2025 | 07:43 WIB

Pasar Obligasi Menyambut Penurunan Suku Bunga Bank Sentral

Pelaku pasar fokus mencermati sejauh mana pelonggaran moneter akan mempengaruhi likuiditas dan harga obligasi dalam beberapa minggu mendatang.

The Fed Pangkas Suku Bunga, Indonesia Bukan Tujuan Prioritas Aliran Modal Asing
| Jumat, 19 September 2025 | 07:41 WIB

The Fed Pangkas Suku Bunga, Indonesia Bukan Tujuan Prioritas Aliran Modal Asing

Sejak Juli 2025 sampai pertengahan September 2025 sudah tercatat arus masuk dana asing bersih ke SBN.

Sektor Pertambangan Melicinkan Bisnis Pelumas
| Jumat, 19 September 2025 | 07:20 WIB

Sektor Pertambangan Melicinkan Bisnis Pelumas

Potensi pasar pelumas di Indonesia masih menjanjikan. Maka tak heran apabila sejumlah produsen terus melicinkan ekspansi bisnis pelumas.

Profit Taking  di Bursa Saham Berpotensi Berlanjut
| Jumat, 19 September 2025 | 07:14 WIB

Profit Taking di Bursa Saham Berpotensi Berlanjut

Pemicu pelemahan Indeks Harga Saham Gabungan (IHSG) adalah aksi sell on news tentang pemangkasan bunga acuan The Fed. 

DSSA Terbitkan Surat Utang Rp 1,5 Triliun untuk Bayar Utang dan Ekspansi Data Center
| Jumat, 19 September 2025 | 07:08 WIB

DSSA Terbitkan Surat Utang Rp 1,5 Triliun untuk Bayar Utang dan Ekspansi Data Center

Sebagian dana sukuk akan digunakan untuk ekspansi bisnis yang berfokus pada pengembangan pusat data (data center) SSDP.

Pergerakan Kurs Rupiah Hari Ini, Jumat (19/9) Bisa Melemah Lagi
| Jumat, 19 September 2025 | 07:08 WIB

Pergerakan Kurs Rupiah Hari Ini, Jumat (19/9) Bisa Melemah Lagi

Seharusnya kebijakan pemangkasan suku bunga bisa melemahkan dolar AS.Namun, pasarmengantisipasi langkah ini, dolar AS justru merangkak naik

Kinerja Cimory (CMRY) Unggul Berkat Ekspansi dan Inovasi
| Jumat, 19 September 2025 | 07:02 WIB

Kinerja Cimory (CMRY) Unggul Berkat Ekspansi dan Inovasi

Ekspansi jaringan distribusi dan pasar baru di luar negeri dinilai bakal menopang kinerja PT Cisarua Mountain Dairy Tbk (CMRY) di sisa tahun ini

Pasar Stabil, Peluang Bitcoin Menembus level US$ 120.000 Masih Terbuka
| Jumat, 19 September 2025 | 06:56 WIB

Pasar Stabil, Peluang Bitcoin Menembus level US$ 120.000 Masih Terbuka

Ada lonjakan volume transaksi harian kripto sekitar 40%, terlebih setelah pengumuman pemangkasan suku bunga acuan.

Menjelang Libur Akhir Pekan, Simak Dulu Rekomendasi Saham Hari Ini, Jumat (19/9)
| Jumat, 19 September 2025 | 06:55 WIB

Menjelang Libur Akhir Pekan, Simak Dulu Rekomendasi Saham Hari Ini, Jumat (19/9)

Investor asing kembali mencatatkan aksi jual bersih alias net sell di bursa saham sebesar Rp 358,27 miliar. 

INDEKS BERITA

Terpopuler