{
    "success": true,
    "data": {
        "id": 1663733,
        "msgid": "danantara-farmers-sugar-purchase-of-rp-1-5-trillion-not-yet-optimal-1775638367",
        "date": "2026-04-08 15:25:10",
        "title": "Danantara: Farmers' Sugar Purchase of Rp 1.5 Trillion Not Yet Optimal",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Agriculture",
        "summary": "Danantara's injection of Rp 1.5 trillion to ID Food for purchasing farmers' sugar has failed to make a significant impact due to the massive volume of unsold produce amid leaks of refined sugar into the market, as stated by COO Dony Oskaria during a meeting with DPR Commission VI. The stockpile of 65,000 tonnes of farmers' sugar in East Java factories highlights the peak harvest challenges in July and August 2025, exacerbating losses for state-owned enterprises like Sugar Co, which incurred Rp 680 billion in damages last year from uncontrolled sugar imports. Dony emphasised the urgent need for a comprehensive overhaul of the national sugar industry in line with President Prabowo's directives to address ongoing market distortions and support local producers.",
        "content": "<p>Chief Operating Officer of BPI Danantara, Dony Oskaria, stated that\nthe injection of Rp 1.5 trillion to ID Food for purchasing farmers\u2019\nsugar has not had a significant impact. \u201cWe provided a subsidy into the\nmarket to absorb all of the community\u2019s sugar amounting to Rp 1.5\ntrillion. However, it also did not provide a significant impact,\u201d Dony\nsaid during a working meeting with DPR Commission VI on Wednesday, 8\nApril 2026.<\/p>\n<p>In the third quarter of 2025, Danantara disbursed funds of Rp 1.5\ntrillion to PT Rajawali Nusantara Indonesia or ID Food. With those\nfunds, ID Food was required to absorb farmers\u2019 sugar that was not\nselling due to leaks of refined sugar.<\/p>\n<p>Dony explained that the impact of the Rp 1.5 trillion injection was\nnot significant because the amount of farmers\u2019 sugar that ID Food had to\nabsorb was very large. \u201cTherefore, our capacity to purchase, our ability\nto purchase, also requires a very large amount to accommodate the\ncommunity\u2019s production output,\u201d he said.<\/p>\n<p>Previously, the Chairman of the SGN Sugar Auction Team, Sunardi Edy\nSukamto, stated that no sugar traders dared to buy because at that time,\nrefined sugar and refined crystal sugar were massively circulating in\nthe market. At that time, there were 65,000 tonnes of farmers\u2019 sugar\nstockpiled in 17 factories across 13 regions in East Java that remained\nunsold until 11 August 2025.<\/p>\n<p>The stockpile occurred coinciding with the peak harvest period in\nJuly and August 2025. In the National Food Agency\u2019s Projection of the\nConsumption Sugar Balance, white crystal sugar production in July was\nestimated to reach 602.2 thousand tonnes. This figure rose to 615.4\nthousand tonnes in August.<\/p>\n<p>Reflecting on the industry problems stemming from the seepage of\nrefined sugar, Dony emphasised the importance of reorganising the\nnational sugar industry. \u201cIf not, we will keep having meetings like this\ncontinuously, but the impact will never be resolved,\u201d he said.<\/p>\n<p>Moreover, the state-owned food company PT Sinergi Gula Nusantara or\nSugar Co suffered from the seepage of sugar, causing losses of Rp 680\nbillion last year due to uncontrolled sugar imports. \u201cEven a company\nlike SGN had to incur losses, let alone the public. Therefore,\ntransformation in this sugar industry must be carried out in accordance\nwith Mr Prabowo\u2019s instructions,\u201d he stated.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/danantara-farmers-sugar-purchase-of-rp-1-5-trillion-not-yet-optimal-1775638367",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}