Indonesia’s State Logistics Agency (Bulog) has purchased 120,000 tonnes of unhusked rice (GKP) from farmers through domestic rice procurement, the agency announced.
In line with the 2024 plan, Indonesia was reportedly set to import approximately 3 million tonnes of rice, nearly matching the Philippines' planned import of Vietnamese rice, which will make Indonesia one of the world's largest rice importers and a key customer for the Vietnamese rice industry.
Indonesia's state purchasing agency Bulog has issued an international tender to buy 500,000 tonnes of rice sought for arrival in February and March, with the offer deadline set at January 29.
The National Logistics Agency of Indonesia (Bulog) on November 6 announced that the country plans to set the 2024 rice import quota at 2 million tonnes, a decrease from 3.8 million tonnes this year.
The National Logistics Agency of Indonesia (Bulog) recently signed a contract for the import of 1 million tonnes of rice, as part of an additional quota of 1.5 million tonnes allocated from Vietnam, Thailand, Pakistan and Myanmar.
Indonesia may procure another 500,000 tonnes of rice from abroad this year to fill up the diminishing government rice reserves, the Trade Ministry has said.
Indonesia's state food procurement agency Bulog said that it has been assigned by the Government to import rice to improve national reserves which currently stand at 594,000 tonnes.
The State Logistics Agency (Bulog) of Indonesia on December 28 reported that the Southeast Asian nation did not import rice for the third year in a row.
The Indonesian Bureau of Logistics (Bulog) said it will not import rice this year as the government’s rice reserve stock (CBP) in Bulog’s warehouse is sufficient for sales of supply availability and price stabilisation (KPSH), market operations, disaster emergency response and social assistance.
Indonesian Coordinating Minister for Economic Affairs Darmin Nasution has called on the State Logistics Agency (Bulog) to distribute imported rice that is currently stored at its warehouses to push rice prices down.
Indonesia will purchase 1 million tonnes of rice from Pakistan within the next four years in an attempt to ensure food security against increasingly extreme weather.