Indonesia is tightening controls on refined sugar imports to revive its domestic sugar industry and achieve sugar self-sufficiency within the next two years. Indonesia's Agriculture Minister Andi Amran Sulaiman said excessive imports have flooded the local market, depressed sugar prices, and hurt sugarcane farmers. The impact has been significant, with state-owned sugar firms PT Perkebunan Nusantara and PT Sinergi Gula Nusantara reportedly recording losses of around IDR 600 billion and IDR 680 billion, respectively, while molasses prices have fallen sharply in producing regions. To address the crisis, the government will strictly enforce regulations requiring sugar processing plants to source at least 20% of their raw materials from plantations they own. Additionally, all sugar importers will now be required to invest in developing domestic sugarcane plantations if they want to continue operating. The move comes as farmers face mounting financial pressures, including delayed payments of IDR 1.5 trillion and an estimated 1.6 million tonnes of unsold sugar, which could result in losses of IDR 4 trillion to IDR 7 trillion. The policy has also gained support from Indonesia’s House of Representatives.Source: https://en.vietnamplus.vn/indonesia-moves-to-protect-sugar-industry-with-tougher-import-rules-post349359.vnp (ICE GIACARTA)

Fonte notizia: Vitenam+, 2 August 2026