Following Pertamina's Lead, Bulog Proposes Single Rice Price Policy
Jakarta, CNBC Indonesia — Perum Bulog plans to propose a single-price policy for its Stabilisasi Pasokan dan Harga Pangan (SPHP, Food Supply and Price Stabilisation) rice across Indonesia, after the company’s financial condition improved.
The scheme is expected to make the price of medium rice uniform from Sabang to Merauke, in the same way as the single-price fuel policy implemented by PT Pertamina.
Perum Bulog President Director Ahmad Rizal Ramdhani said the plan had previously been awaiting government approval regarding the setting of Bulog’s margin. Once that policy was approved, Bulog would first report the proposal to the government.
“We will report it first; indeed it has been in our plan from the start — once our finances are positive, we will do it like Pertamina,” Rizal said at a press conference at Perum Bulog’s head office in Jakarta on Monday (3/8/2026).
“Pertamina has managed to set one price from Sabang to Merauke; God willing, Bulog too, once we are positive, will submit it to the government. If permitted, we will set the price of medium rice, namely SPHP rice, God willing at one price,” he continued.
Rizal explained that implementation of the policy still awaits the government’s decision. According to him, the price level will be determined after discussions with the government.
“Yes, for the ‘single price’, we will wait for the government’s policy on how much that single price will be,” he said.
He also stressed that the single-price rice plan is not yet final policy. Bulog will first submit the proposal to the government through a limited coordination meeting (Rakortas) at the Coordinating Ministry for Food.
“We will report to the government first, it will be deliberated at the Rakortas, and once it is decided, then we will set it,” Rizal said.
On the same occasion, Rizal said Bulog’s financial condition is projected to improve after the government approved a change to the company’s margin scheme. According to him, the change raises Bulog’s margin from Rp50 per kilogram to the equivalent of 7%, or around Rp970 per kilogram.
With that change, Bulog estimates the company’s balance sheet will turn positive by the end of the year.
“That 7%, when calculated into a figure, comes to around Rp970. So with that Rp970, if counted through to the end of the year, Bulog’s balance sheet is projected to turn positive at around Rp1.14 trillion,” he said.
The change to the margin mechanism has also been regulated in National Food Agency Regulation (Perbapanas) Number 3 of 2026, which amends Perbapanas Number 7 of 2025. The regulation governs the setting of Bulog’s margin as a rupiah nominal per kilogram based on the procurement volume of the Government Rice Reserve (CBP).