Agriculture Minister Reports 274 Palm Oil Companies for Manipulating FFB Prices

The Indonesian Minister of Agriculture, Andi Amran Sulaiman, has ensured the government’s ongoing efforts to maintain rice self-sufficiency to meet the needs of the Indonesian people. As of April 2026, the Government Rice Reserve (CBP) has reached 5 million tonnes, marking the highest rice stock achievement in Indonesia’s history.

Regarding the rise in rice prices in several regions, the Minister stated that this is related to market mechanisms, as the increase in paddy prices at the farmer level can enhance farmer welfare.

On the other hand, the government is encouraging increased production in the food sector to support energy self-sufficiency through bioethanol production. The Minister also ensured efforts to keep palm oil Fresh Fruit Bunch (FFB) prices stable at the farmer level, so that efforts to boost bioethanol production and the implementation of one-door export regulations through a specialised State-Owned Enterprise, PT DSI, do not negatively impact palm oil farmers.

The Minister of Agriculture has reported between 274 and 300 palm oil companies that are manipulating FFB prices. It is hoped that the formation of PT DSI can prevent practices such as under-invoicing and transfer pricing.