AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 215.50 Increased By ▲ 5.12 (2.43%)
BOP 9.37 Decreased By ▼ -0.11 (-1.16%)
CNERGY 6.32 Decreased By ▼ -0.16 (-2.47%)
DCL 8.84 Decreased By ▼ -0.12 (-1.34%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 94.19 Decreased By ▼ -2.73 (-2.82%)
FCCL 35.20 Decreased By ▼ -1.20 (-3.3%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 16.45 Increased By ▲ 1.50 (10.03%)
HUBC 127.13 Decreased By ▼ -3.56 (-2.72%)
HUMNL 13.50 Increased By ▲ 0.21 (1.58%)
KEL 5.31 Decreased By ▼ -0.19 (-3.45%)
KOSM 6.97 Increased By ▲ 0.04 (0.58%)
MLCF 43.00 Decreased By ▼ -1.78 (-3.97%)
NBP 58.96 Decreased By ▼ -0.11 (-0.19%)
OGDC 217.99 Decreased By ▼ -12.14 (-5.28%)
PAEL 39.39 Increased By ▲ 0.10 (0.25%)
PIBTL 8.25 Decreased By ▼ -0.06 (-0.72%)
PPL 190.50 Decreased By ▼ -9.85 (-4.92%)
PRL 37.85 Decreased By ▼ -1.03 (-2.65%)
PTC 26.30 Decreased By ▼ -0.58 (-2.16%)
SEARL 103.60 Decreased By ▼ -0.03 (-0.03%)
TELE 8.45 No Change ▼ 0.00 (0%)
TOMCL 34.75 Decreased By ▼ -0.50 (-1.42%)
TPLP 12.98 Decreased By ▼ -0.54 (-3.99%)
TREET 25.50 Increased By ▲ 0.49 (1.96%)
TRG 70.53 Increased By ▲ 6.41 (10%)
UNITY 33.37 Decreased By ▼ -1.15 (-3.33%)
WTL 1.72 Decreased By ▼ -0.06 (-3.37%)
BR100 11,881 Decreased By -216 (-1.79%)
BR30 36,807 Decreased By -908.3 (-2.41%)
KSE100 110,423 Decreased By -1991.5 (-1.77%)
KSE30 34,778 Decreased By -730.1 (-2.06%)

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