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Bulog ensures rice, MinyaKita stocks stable ahead of Eid

Tegal, Central Java (ANTARA) – Indonesia’s state logistics agency Bulog said on Tuesday that rice and MinyaKita cooking oil supplies are sufficient and prices remain stable ahead of Ramadan and Eid al-Fitr, seeking to calm concerns over potential spikes in demand.“The public should remain calm as supplies are secure,” Bulog Deputy President Director Marga Taufiq said during a surprise market inspection in Tegal, Central Java.Bulog officials checked staple food prices at Pasar Pagi market, where Taufiq said most prices were under control despite earlier volatility.“We spoke with traders and saw some price declines. Chili prices, which were previously Rp100,000 to Rp120,000 per kilogram, have fallen to Rp80,000 per kilogram. Meanwhile, rice, sugar and cooking oil prices are relatively stable, with adequate supply,” he said.Sri Muniati, head of Bulog’s Central Java regional office, said government rice reserves (CBP) in the province remain sufficient to meet demand during the fasting month.If needed, Bulog is prepared to release additional supplies through its Food Supply and Price Stabilization (SPHP) program to prevent excessive price increases, she added.The agency is also tightening supervision of MinyaKita distribution in coordination with local governments and relevant authorities to ensure smooth supply.“These measures are aimed at maintaining purchasing power. Synergy with local administrations and law enforcement is key to successful price stabilization. Rice and MinyaKita stocks are secure,” Muniati said.Bulog President Director Ahmad Rizal Ramdhani earlier said the agency had raised MinyaKita stocks to 100,000 tons to ensure availability during Ramadan and ahead of Eid al-Fitr.He added that Bulog’s board had been instructed to accelerate coordination with cooking oil producers so that domestic market obligation (DMO) allocations to the agency could be increased during the peak demand period.Ramadan typically sees a surge in food consumption in the world’s largest Muslim-majority country, prompting authorities to step up monitoring of staple goods to curb inflation and safeguard supply chains.