{
    "success": true,
    "data": {
        "id": 1664316,
        "msgid": "sugar-co-reports-rp-680-billion-loss-in-2025-due-to-massive-sugar-imports-1775645640",
        "date": "2026-04-08 16:55:14",
        "title": "Sugar Co Reports Rp 680 Billion Loss in 2025 Due to Massive Sugar Imports",
        "author": "Teuku Muhammad Valdy Arief",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Agriculture",
        "summary": "PT Sinergi Gula Nusantara (Sugar Co) incurred a loss of Rp 680 billion throughout 2025, primarily due to uncontrolled sugar imports, including refined sugar leaking into the consumer market, which destabilised prices. Despite government interventions, such as absorbing local sugar production worth Rp 1.5 trillion, these efforts failed to significantly improve market conditions. This situation highlights ongoing challenges in Indonesia's sugar industry, where imports undermine domestic producers and complicate price stabilisation.",
        "content": "<p>JAKARTA - Chief Operating Officer (COO) of Danantara, Dony Oskaria,\nrevealed that PT Sinergi Gula Nusantara (SGN) or Sugar Co suffered\nlosses of up to Rp 680 billion throughout 2025 as a result of massive\nsugar imports, including refined sugar circulating in the market.<\/p>\n<p>He explained that one of the main issues is the leakage of refined\nsugar distribution into the consumer market. This condition has made\nsugar prices uncontrollable.<\/p>\n<p>\u201cSugar Co recorded a loss of Rp 680 billion due to prices that were\nnot good enough, resulting from uncontrolled sugar imports,\u201d he stated\nduring a hearing with Commission VI of the House of Representatives\n(DPR) in Jakarta on Wednesday (8\/4\/2026).<\/p>\n<p>He further noted that the government has actually intervened to\nstabilise the market, one of which was absorbing local sugar production\nup to Rp 1.5 trillion. However, this step apparently did not have a\nsignificant impact on price improvement.<\/p>\n<p>\u201cActually, last year the government provided assistance with\nsubsidies into the market to absorb community sugar at Rp 1.5 trillion,\nbut that also did not yield significant results,\u201d he revealed.<\/p>\n<p>\u201cBecause otherwise, in my opinion, it would be difficult for us to\nface sugar prices, which then become a leakage from refined sugar\nimports entering the community,\u201d Dony clarified.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/sugar-co-reports-rp-680-billion-loss-in-2025-due-to-massive-sugar-imports-1775645640",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}