AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 136.00 Decreased By ▼ -0.45 (-0.33%)
BOP 5.45 Increased By ▲ 0.01 (0.18%)
CNERGY 3.80 No Change ▼ 0.00 (0%)
DCL 7.50 No Change ▼ 0.00 (0%)
DFML 45.55 Increased By ▲ 0.14 (0.31%)
DGKC 78.55 Increased By ▲ 0.03 (0.04%)
FCCL 29.06 Increased By ▲ 0.17 (0.59%)
FFBL 56.95 Decreased By ▼ -0.05 (-0.09%)
FFL 9.15 Decreased By ▼ -0.12 (-1.29%)
HUBC 99.44 Increased By ▲ 2.64 (2.73%)
HUMNL 13.35 Decreased By ▼ -0.05 (-0.37%)
KEL 3.75 Decreased By ▼ -0.02 (-0.53%)
KOSM 7.28 No Change ▼ 0.00 (0%)
MLCF 37.66 Decreased By ▼ -0.14 (-0.37%)
NBP 67.01 Decreased By ▼ -0.49 (-0.73%)
OGDC 167.00 Decreased By ▼ -0.52 (-0.31%)
PAEL 25.10 No Change ▼ 0.00 (0%)
PIBTL 6.75 Increased By ▲ 0.05 (0.75%)
PPL 131.35 Decreased By ▼ -0.15 (-0.11%)
PRL 25.30 Decreased By ▼ -1.10 (-4.17%)
PTC 14.92 Decreased By ▼ -0.18 (-1.19%)
SEARL 61.90 Decreased By ▼ -0.35 (-0.56%)
TELE 6.90 Decreased By ▼ -0.10 (-1.43%)
TOMCL 36.39 Increased By ▲ 0.16 (0.44%)
TPLP 7.77 Decreased By ▼ -0.11 (-1.4%)
TREET 14.03 Increased By ▲ 0.03 (0.21%)
TRG 44.77 Increased By ▲ 0.22 (0.49%)
UNITY 26.01 Increased By ▲ 0.16 (0.62%)
WTL 1.21 Decreased By ▼ -0.01 (-0.82%)
BR100 9,143 Decreased By -0.5 (-0.01%)
BR30 27,321 Decreased By -5.3 (-0.02%)
KSE100 85,633 Increased By 47.3 (0.06%)
KSE30 26,973 Decreased By -11 (-0.04%)

JAKARTA: Indonesia’s 2023 rice output is expected to drop by 2.05% to 30.90 million metric tons, as extreme dry weather driven by the El Nino weather pattern affects its harvests, the statistics bureau said on Monday.

The prediction was based on output data as of August and an estimate for harvests in September to December, according to the bureau. “Prolonged draught caused by El Nino have resulted in planting and harvesting failure,” acting statistics bureau chief Amalia Adininggar Widyasanti told a press conference.

The rice harvest area for 2023 was estimated at 10.2 million hectares (25204748.91 acres), lower than 10.45 million hectares a year ago. Southeast Asia’s biggest economy planned to import an additional 1.5 million metric tons of rice in 2023, on top of a 2.3 million tons import quota issued earlier this year to top up government rice reserve to cool down rising prices of the staple food. Indonesia produced 31.54 million tons of rice in 2022.

Comments

Comments are closed.