Indonesian Political, Business & Finance News

Video: Yogurt Producers Brainstorming Amid Rupiah Weakness - Milk Imports Rise

| Source: CNBC Translated from Indonesian | Economy
Video: Yogurt Producers Brainstorming Amid Rupiah Weakness - Milk Imports Rise
Image: CNBC

Jakarta, CNBC Indonesia - The weakening exchange rate and supply-demand balance are cited by Yudistira Ardisasmita, Sales and Marketing Director of PT Yummy Food Utama, as challenges for Indonesia’s manufacturing industry that still depends on imported raw materials. Currently, Indonesia imports 53% of its powdered milk needs from the Oceania region, such as New Zealand, so when the rupiah weakens, production costs will increase. When raw material prices rise by more than 15%, producers are “forced” to make price adjustments of 8-12%, although this is done cautiously. What are the business strategies of processed milk producers, namely cheese and yogurt, in facing raw material price volatility up to weakening purchasing power? For more details, watch the dialogue between Syarifah Rahma and Yudistira Ardisasmita, Sales and Marketing Director of PT Yummy Food Utama, in Squawk Box, CNBC Indonesia (Thursday, 02/04/2026).

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