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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

Bandung seeks to sustain tofu and tempeh industry amid rising soybean prices

From Tempo · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Official statement Context piece
  • The mayor of Bandung, Indonesia, stated that the price of imported soybeans has exceeded 10,000 Indonesian rupiah per kilogram, making it difficult for the local government to intervene.
  • The Bandung city government will focus on maintaining the sustainability of the tofu and tempeh industry by encouraging producers to increase production efficiency.
  • Efforts are also underway to ensure smooth distribution and market access for tofu and tempeh products, while maintaining consumer purchasing power.

Bandung Mayor Muhammad Farhan has highlighted the escalating price of soybeans, a key imported ingredient for tofu and tempeh production, which has surpassed 10,000 Indonesian rupiah per kilogram and continues to rise. He noted that local governments have limited ability to control these prices due to the commodity's import status and reliance on market mechanisms.

Despite the inability to directly lower raw material costs, the Bandung city government is committed to supporting the local tofu and tempeh industry, a vital sector for micro-entrepreneurs. The administration plans to encourage producers to enhance their production efficiency to navigate the increased costs of raw materials, emphasizing the need to prevent production halts.

Furthermore, the government aims to ensure that tofu and tempeh products have consistent distribution channels and market access across the city. This initiative is crucial for sustaining the local economy and guaranteeing a steady supply for consumers. The administration is also focused on preserving consumers' purchasing power to ensure that price increases do not disproportionately burden the public.

Farhan stressed the strategic importance of the tofu and tempeh industry, not only for meeting public food needs but also for its significant role in job creation. He urged producers to remain optimistic and adaptable to market dynamics, assuring them of the government's continued efforts to maintain a supportive business ecosystem. The primary goal remains ensuring the uninterrupted production of these essential food items.

DistantNews Editorial

Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.