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All Journal Indicators : Journal of Economic and Business
Praha, Rizky Deco
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Economics, Econometrics & Finance Environmental Science Social Sciences

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Rice Prices Volatility in Indonesia: Describing the Inurement of Domestic Production and Large-Scale Imports Kurniawan, Hendy Febrianto; Revindo, Mohamad Dian; Praha, Rizky Deco; Arrafif, Naufal Zaki
Journal of Economics and Business Vol 8, No 1 (2026): May
Publisher : Ikatan Sarjana Ekonomi Indonesia Cabang Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47729/indicators.v8i1.200

Abstract

In spite of its stated objectives in agriculture towards self-sufficiency drive ever since becoming independent, Indonesia remains reliant to importing rice for domestic needs. As the international rice market becoming more volatile in recent years, it is imperative to fundamentally analyse the dynamics between trade policies and domestic market equilibrium. By employing a qualitative-descriptive approach, this study aims to provide a specific picture of the situation, phenomenon, or social symptoms of the role of government rice importation in domestic rice market activities, including price transmission and community production. We find that the increase of import in times of high prices are not necessarily reflected on consumer prices, instead they tend to depresses prices on farmers level. Price movements correlate more strongly with a surge in supply during harvest periods. Through the findings, we suggest reassessment of trade policies, farmer-oriented policies, logistical infrastructures, and support mechanisms for domestic production and import management.
Co-Authors Arrafif, Naufal Zaki Kurniawan, Hendy Febrianto Revindo, Mohamad Dian