Video: State-Owned Sugar Company Suffers Rp 680 Billion Loss Due to Flood of Sugar Imports

Jakarta, CNBC Indonesia - The Daya Anagata Nusantara Investment Management Agency or PT Danantara Indonesia has revealed losses suffered by PT Sinergi Gula Nusantara (SGN) or Sugar Co throughout 2025, reaching Rp 680 billion, due to a surge in sugar imports that has pressured local sugar prices. CNBC Indonesia Research Agrifood Analyst, Emanuella Bungasmara Ega Tirta, noted data on the increase in sugar imports from 5.069 million tons to 5.3 million tons. On the other hand, there has also been an increase in domestic sugar production capable of meeting 40% of national needs. Ega also recorded complaints from domestic farmers regarding the lack of absorption of local production, even though imports are intended to address the imbalance between production and needs. On the other hand, local sugar prices are also less competitive than imported sugar, making it even more difficult for farmers. In addition to the lack of absorption of local farmers’ sugar caused by the leakage of refined sugar for industry into the household market, it needs to be regulated. What is the analysis of sugar imports and the pressure on domestic sugarcane farmers? For more details, watch the dialogue between Syarifah Rahma and CNBC Indonesia Research Agrifood Analyst, Emanuella Bungasmara Ega Tirta in Squawk Box, CNBC Indonesia (Thursday, 09/04/2026).