AGL 38.25 Decreased By ▼ -0.01 (-0.03%)
AIRLINK 138.97 Decreased By ▼ -2.03 (-1.44%)
BOP 5.45 Increased By ▲ 0.01 (0.18%)
CNERGY 3.79 Decreased By ▼ -0.05 (-1.3%)
DCL 7.57 Decreased By ▼ -0.03 (-0.39%)
DFML 46.15 Decreased By ▼ -0.04 (-0.09%)
DGKC 78.11 Increased By ▲ 0.61 (0.79%)
FCCL 29.10 Decreased By ▼ -0.18 (-0.61%)
FFBL 57.10 Increased By ▲ 0.60 (1.06%)
FFL 8.70 Increased By ▲ 0.10 (1.16%)
HUBC 101.82 Increased By ▲ 3.13 (3.17%)
HUMNL 14.25 Increased By ▲ 0.15 (1.06%)
KEL 3.82 Decreased By ▼ -0.01 (-0.26%)
KOSM 7.40 Increased By ▲ 0.01 (0.14%)
MLCF 38.35 Increased By ▲ 1.65 (4.5%)
NBP 69.50 Increased By ▲ 0.60 (0.87%)
OGDC 170.02 Increased By ▲ 0.52 (0.31%)
PAEL 25.65 Increased By ▲ 0.25 (0.98%)
PIBTL 6.60 Increased By ▲ 0.04 (0.61%)
PPL 133.58 Increased By ▲ 2.58 (1.97%)
PRL 25.00 Decreased By ▼ -0.11 (-0.44%)
PTC 15.54 Decreased By ▼ -0.10 (-0.64%)
SEARL 63.83 Increased By ▲ 5.83 (10.05%)
TELE 6.95 Increased By ▲ 0.05 (0.72%)
TOMCL 36.98 Increased By ▲ 1.74 (4.94%)
TPLP 7.70 Decreased By ▼ -0.03 (-0.39%)
TREET 13.96 Decreased By ▼ -0.14 (-0.99%)
TRG 44.97 Increased By ▲ 0.28 (0.63%)
UNITY 25.40 Decreased By ▼ -0.01 (-0.04%)
WTL 1.22 Increased By ▲ 0.01 (0.83%)
BR100 9,205 Increased By 53.2 (0.58%)
BR30 27,717 Increased By 483.5 (1.78%)
KSE100 86,206 Increased By 365.3 (0.43%)
KSE30 27,236 Increased By 2 (0.01%)

JAKARTA: Indonesia’s rice output in 2024 is estimated at 30.34 million metric tons, down 2.43% from last year, data from the country’s statistics bureau showed on Tuesday.

The harvest area of rice this year is estimated to shrink by 1.64% to 10.05 million hectares (24.8 million acres).

Most of the output decline was seen in the January-April period, when production dropped nearly 15% from the same period in 2023.

Rice prices drop in top hubs as supply surges after Indian export relaxations

Output in May-August had shown some recovery and the bureau said further improvement was expected over the rest of the year.

A dry weather pattern in 2023 had caused delays in planting this year, affecting production in the early months of the year.

To shore up supply, Indonesia aims to import up to 3.6 million tons of rice this year.

Comments

200 characters