Rice price skyrockets

Rice price skyrockets

YOGYAKARTA: The fuel price hikes have affected the price of rice
in Yogyakarta, with the staple rising from Rp 2,900 a kilogram
two weeks ago to around Rp 4,300 now.

In order stabilize the price, the State Logistics Agency
(Bulog) Yogyakarta operations would soon conduct market
operations, chief Agusdin Faridh said.

"Our people are ready and once we get the green light from the
government, we will stabilize the price through reducing or
increasing rice supplies in the markets," Agusdin said.

Despite the skyrocketing price of rice, Agusdin called on
people not to panic. Current stocks would last around nine
months, he said. -- JP