Climate threats worsen supply constraints, with overseas export limitations raising prices by 20%.
Indonesia imported 1.59 million metric tonnes of rice from January to August, up from 237,146 tonnes in the same period last year.
Indonesia, Southeast Asia’s most populous country with 270 million people, imported 1.59 million metric tonnes of rice in the January-August period, up from 237,146 tonnes imported during the same period a year ago, said Amalia Adininggar Widyasanti, the acting chief of Statistics Indonesia, during a briefing on the country’s trade data.
The government assigned state procurement food company Bulog to import 2.3 million tonnes of rice this year to blunt the impact of the El Nino weather pattern, which causes dry weather in Southeast Asia. However 453,000 tonnes is yet to be contracted, a Bulog official said earlier this week.
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