Indonesia's Soaring Food Prices: Can Export Bans Ease Food Inflation? | Insight

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  • เผยแพร่เมื่อ 9 ส.ค. 2022
  • Earlier this year in April, Indonesia banned the export of palm oil, joining more than 20 countries that have banned the export of various food products. Although the ban was short-lived, it caused vegetable oil prices to spike worldwide.
    While the ban succeeded in bringing down the price of palm oil in Indonesia, palm farmers in the world’s largest producer bore the brunt of the ban, as the price of raw fruits plunged.
    At the same time, wheat bans elsewhere led to the rising price of grains in Indonesia.
    Will food export bans become more common as countries seek price stability amidst inflation pressures? And does food protectionism really improve food security?
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ความคิดเห็น • 605

  • @AniketGarg07
    @AniketGarg07 ปีที่แล้ว +178

    Don't know how anyone can be against countries banning food exports to ensure domestic food security. Be it Indonesia or India or any other country, the government's first duty is towards their citizens. Obviously in a climate of immense global crisis there will be such responses from the governments.

    • @hangsthemighty912
      @hangsthemighty912 ปีที่แล้ว +6

      Well of course your gotta take care of your people first.

    • @helldronez
      @helldronez ปีที่แล้ว +7

      @@hangsthemighty912 when people hungry crime rate goes up and rioting

    • @hangsthemighty912
      @hangsthemighty912 ปีที่แล้ว +14

      @@helldronez exactly! That's why I ain't mad at Countries banning exports, if they can't help themselves they can't help nobody. So is okay for a Country to focus on their people first.

    • @thesisLAx
      @thesisLAx ปีที่แล้ว +8

      Because most countries don’t grow enough food themselves anymore. But I don’t fault your sentiment.

    • @tunim4354
      @tunim4354 ปีที่แล้ว +14

      Bi lateral trade agreements are a thing. Because no country produces every product or every food. They have to import a lot of things. And if you stop exporting, the countries you import from won't let you import their things. You have to ensure that you maintain that agreement otherwise you will face bigger insecurities in the future.

  • @leewn2319
    @leewn2319 ปีที่แล้ว +43

    Indonesia has land with rich soil and resources. If it’s govt set policies for good land and resources management, it would produce high quality volumous food and products beyond self sufficiency and keep inflation down.

    • @ssrbgangimaribotan6thofthe12
      @ssrbgangimaribotan6thofthe12 ปีที่แล้ว +7

      that's a long term problem that can't be done in just 1 season of planting and harvest. however with free market policy currently done indonesian agriculture field can't really advance as much as china or vietnam whose government invested a lot and put incentives for the market to invest into agriculture, added with low budget in agricultural department breeding an advanced seeds with high yield or high quality yields is going to be a crazy hard endeavor for indonesia.

    • @benjaminnadeau7305
      @benjaminnadeau7305 ปีที่แล้ว

      'If'

  • @SukacitaYeremia
    @SukacitaYeremia ปีที่แล้ว +70

    In Indonesian we don't limit ourselves to saying "food security." We're pining for "food sovereignty"

    • @thesisLAx
      @thesisLAx ปีที่แล้ว +2

      Are there historical reasons for this desire?

    • @SukacitaYeremia
      @SukacitaYeremia ปีที่แล้ว +8

      @@thesisLAx Maybe because we hated being forced into hard labor by colonizers with nothing in return

    • @madsam0320
      @madsam0320 ปีที่แล้ว +1

      @@SukacitaYeremia LoL! You are hurting no one except your own farmers.. your economy.

    • @AlexaRobin21
      @AlexaRobin21 หลายเดือนก่อน

      ​@@SukacitaYeremia I dunno. Many nations were starved to death by their colonizers such as Ireland and Vietnam, but they are still exporting food.

  • @M3ganwillslay
    @M3ganwillslay ปีที่แล้ว +13

    2020 : Microchips are the gold of the future
    2022 : Cassava chips will always be the gold of the world

  • @princessceballos
    @princessceballos ปีที่แล้ว +14

    My heart goes out to those in need and affected by this. Stay strong. Great coverage and information

    • @boringbastard4920
      @boringbastard4920 ปีที่แล้ว

      Instead of 1 dollar for 15 kg rice. It now cost 2 dollar😥

    • @NazriB
      @NazriB ปีที่แล้ว

      Lies again? Institute College

  • @necronemesist
    @necronemesist ปีที่แล้ว +105

    I stayed in Jakarta for a month recently, the inflation is limited to cooking oil, where as for countries like SG and Aus, it's like 100% inflation for pretty much everything...

    • @admin8784
      @admin8784 ปีที่แล้ว +40

      True, why CNA making fake news

    • @JuraganEmas
      @JuraganEmas ปีที่แล้ว +24

      Cooking oil prices are already falling, but other products start rising steadily.

    • @CharDhue
      @CharDhue ปีที่แล้ว +21

      Yeah that's what I feel too
      We know price will rise but compared to other countries we are not doing as badly as people think
      Emphasis that the world is facing hard time rn

    • @anggasurbakti8269
      @anggasurbakti8269 ปีที่แล้ว +10

      @@admin8784 not entirely fake as majority of food here is fried food especially for poor families. So cooking oil price increase is definitely a big worry. I would call this news as inaccurate

    • @ilhamrj2599
      @ilhamrj2599 ปีที่แล้ว +9

      nope, all processed food and street food based on frying oil is increasing though (bear in mind, this is Indonesia 80% of street foods have some cooking oil in it).
      You might not notice the price increase, but you must have noticed the lesser or smaller portion per package.... it is also the form of inflation.

  • @fauzulazim2993
    @fauzulazim2993 ปีที่แล้ว +11

    About food supplies, Indonesians who live in rural areas are not too worried, anything grows here, rice, spices, vegetables, fish and livestock are abundant, there are many alternatives to processing food when oil prices are high, maybe only people who live in urban areas who experiencing difficulties, but who cares? especially for other countries 😁

    • @antoverstappenburik3711
      @antoverstappenburik3711 ปีที่แล้ว

      Kalau butuh minyak kelapa tinggal buat aja ya kan kalau di kampung?.. senang juga woeh..

  • @AdiPrimandaGinting
    @AdiPrimandaGinting ปีที่แล้ว +80

    The prices have gone down considerably this past seven days. The cooking oil is now at 16k IDR for low quality per kg and 22k IDR for high quality per liter in my place. The prices of vegetables and spices also have started to go down also.

    • @RM360CR
      @RM360CR ปีที่แล้ว

      Asia one thing you need to do first is control your out of control population it is increasing way too fast way too large and countries at some point wont sell you their food because they have to look after their own people if you dont lower your population on your own the planet will do it for you either with famine war natural disasters..

    • @RM360CR
      @RM360CR ปีที่แล้ว

      By the way indonisia is famous around the world for burning their native old forest that help with climate change to export toxic palm oil that is very high on mono saturated fats the worst oil to cook with....

    • @AdiPrimandaGinting
      @AdiPrimandaGinting ปีที่แล้ว

      @@RM360CR I don't deny that. Do you want to add more of what we are famous for?

    • @AdiPrimandaGinting
      @AdiPrimandaGinting ปีที่แล้ว +5

      @@RM360CR Our population growth is declining fast. It is now 1.1% pa population change. Ofc, we have problems, but you talk to me like I decide what happen in my country lol. Do you personally have the power to control forest fire and population growth in your country? You sound like a kid 🤣

    • @marka5004
      @marka5004 ปีที่แล้ว +1

      @@AdiPrimandaGinting is radicalism rising in jakarta?

  • @citizenoftheworld7899
    @citizenoftheworld7899 ปีที่แล้ว +64

    I don't feel the food prices is soaring here, except the cooking oil but it's already stable at the present

    • @eduardochavacano
      @eduardochavacano ปีที่แล้ว

      Just grill or roast food. No more frying.

    • @citizenoftheworld7899
      @citizenoftheworld7899 ปีที่แล้ว

      @@eduardochavacano still frying because the cooking oil price has already been stable ....

    • @mambowumbo
      @mambowumbo ปีที่แล้ว +4

      have you ever go to the trad market these days? everything definitely is rising in prices here (eggs, aromatics, meat, flour, etc), not as much as the other countries do but the effect is still quite hard especially for food vendors and low income families.

    • @citizenoftheworld7899
      @citizenoftheworld7899 ปีที่แล้ว +3

      @@mambowumbo I always go to super market every week, so far so good!! Nothing special in soaring price, seem to be the same ....

    • @mambowumbo
      @mambowumbo ปีที่แล้ว +3

      @@citizenoftheworld7899 supermarket pricing is not the same with the trads lol. see, in supermarket they set the price more consistently but in trads price can be changed everyday since it's basically has no standard regulation from the farmers and distributor. let say farmers say its 1000 per kilos and normally have end price as 3000 per kilos in the market but if in the way the distributor got hard shipping day due to bad weather and have a sudden increasing demands, the very next moment they'll rise the price up to 5000 per kilos. and to mention indonesian households love to buy produce in big quantities so a minor rising price will end up quite of a burden.

  • @iwanhernawan4992
    @iwanhernawan4992 ปีที่แล้ว +35

    It works, cooking oil now in a normal price 15.000 rupiah/litre ($1)

    • @ilhamrj2599
      @ilhamrj2599 ปีที่แล้ว +5

      yes at the expense of millions of palm oil farmers in Sumatra and Kalimantan who went broke in last few months.

    • @oviiembem6302
      @oviiembem6302 ปีที่แล้ว +15

      @@ilhamrj2599 11 millions compare to 250 millions, the difference can't be more obvious.

    • @MW-wr1ve
      @MW-wr1ve ปีที่แล้ว +1

      @@oviiembem6302 You should times 11 by 4 per household ...44 millions

    • @CharDhue
      @CharDhue ปีที่แล้ว +7

      @@MW-wr1ve I mean which country that doesn't suffer right now, we are not God who can make every problem disappear

    • @ilhamrj2599
      @ilhamrj2599 ปีที่แล้ว +3

      @@MW-wr1ve those house holds often have 3 kids... Because in Sumatra and Kalimantan, Total Fertility rate is higher than Java. So, times 5... It might be 55 millions (but I believe the realistic figure should be around 30 millions+)... Thats for the direct impact, you should have as well taken into account the whole Sumatra population as well, many are banking on palm oil sector spillover money just to live day by day, in example service sector and real estate where palm oil industry has biggest consumer based in Sumatra.
      For those who think, that palm oil farmers are not significant part of Indonesian population, you could have not been more wrong. The industry is also one of the most significant taxpayer in the country as well, the industry is also the national current account "balancing" measure as well.
      sure when the thing goes bad, this palm oil industry is often the first to be wasted. Not the first time though, it has happened repeatedly since SBY era.

  • @landove1486
    @landove1486 ปีที่แล้ว +53

    This documentary is few months late. And current situation is proven to be quite different from what the documentary projected. Except for cooking oil and certain type of gas, I don't feel significant jump in goods prices. Sure, inflation is pretty high compared to past months, but still manageable and among the lowest in the region.

    • @kucingmasjid_3345
      @kucingmasjid_3345 ปีที่แล้ว +6

      Harga bawang dan cabai masih naik... ayam juga.

    • @landove1486
      @landove1486 ปีที่แล้ว +9

      Harga kebutuhan ya pasti naik, tapi naiknya ga setinggi negara2 tetangga.

    • @dawae2162
      @dawae2162 ปีที่แล้ว +1

      @@kucingmasjid_3345 cabe sama ayam dah turun bang bawang kagak tau belinya kadang kadang soalnya.

    • @ssrbgangimaribotan6thofthe12
      @ssrbgangimaribotan6thofthe12 ปีที่แล้ว +2

      @@kucingmasjid_3345 gk separah negara negara tetangga bang, liat singapur kasian tuh gk bisa dapet ayam segar, negara maju semua juga inflasi sampe 9 persen lebih (amerika, inggris, eropa)

    • @ssrbgangimaribotan6thofthe12
      @ssrbgangimaribotan6thofthe12 ปีที่แล้ว +3

      @Ops Blac he is just telling the current state in the field, which is different to what is shown in the news. and also yes, getting a news ready in a day or less is not a new thing, it has been happening for years, its called breaking news. added with the help of internet its easier than ever to get most recent news. so its not a good reason for a famous and big news agency to make a news that's more than 1 month old.

  • @nefertitib4313
    @nefertitib4313 ปีที่แล้ว +6

    Mina padi is amazing idea. I like the zero waste singkong idea too. Indonesia is slowly going green! 👍

  • @m.hidayatullohmustafid8596
    @m.hidayatullohmustafid8596 ปีที่แล้ว +18

    The oil cooking in indonesia already falling down to 15k idr..but the new problem is the rising price of gasoline and wheat..now instant noodle gona be more expensive

    • @eduardochavacano
      @eduardochavacano ปีที่แล้ว +1

      just eat rice. Ban bread anf instant noodles.

    • @JitzyJT
      @JitzyJT ปีที่แล้ว

      stop eating noodles then. Simple

    • @protocetus499
      @protocetus499 ปีที่แล้ว

      Wheat dont grow in Indonesia

  • @tripriagiwiguna
    @tripriagiwiguna ปีที่แล้ว +11

    Cooking oil price already back to normal. Export ban policy did work i guess.

  • @euyie8738
    @euyie8738 ปีที่แล้ว +58

    Finally, the time has come for commodity producing countries to soar. Food is more important than microchips.

    • @cholesterol804
      @cholesterol804 ปีที่แล้ว +8

      Guy literally made chips

    • @Shane-zl9ry
      @Shane-zl9ry ปีที่แล้ว +4

      It takes microchips in machines to process, package, ship, and market food.

    • @euyie8738
      @euyie8738 ปีที่แล้ว +18

      @@Shane-zl9ry it takes food from the fields to feed people who make microchips

    • @CHMichael
      @CHMichael ปีที่แล้ว +1

      Important and valuable are sadly different things.
      Better have the chip for the GPS of your tractor that will increase your yield byv20%.

    • @euyie8738
      @euyie8738 ปีที่แล้ว +11

      @@CHMichael sadly no point also if farmers have to bear the ever increasing costs of fertilisers and animal feed. Both are made from corn, wheat and other commodities. In the end countries wt surplus commodities still win

  • @raybon7939
    @raybon7939 ปีที่แล้ว +2

    Indonesia has a very bright future despite the problems.

  • @cetocoquinto4704
    @cetocoquinto4704 ปีที่แล้ว +15

    Indonesias mina padi should be replicated here in phillipines. We have the same problem

    • @TunogSunday
      @TunogSunday ปีที่แล้ว +2

      But even if. Purchasing power of the filipino still fine. The price hike doesnt made filipino taunting the hard ship.

  • @indonesianchinese5724
    @indonesianchinese5724 ปีที่แล้ว

    Thank you Singapore for reporting this.

  • @dead_or_alive2649
    @dead_or_alive2649 ปีที่แล้ว +28

    Every country’s officials owes their citizens their first loyalties and any leftover can be given to other countries

    • @MrBoliao98
      @MrBoliao98 ปีที่แล้ว

      And when you run out of foreign reserves, you can subsist on those padis in Kedah.

  • @devitaromlah2866
    @devitaromlah2866 ปีที่แล้ว +8

    Excuse me other than that cooking oil that is now back to normal. Everything is in great price here

  • @thesisLAx
    @thesisLAx ปีที่แล้ว +3

    Those palm oil fruits are amazing. Just bursting with calories and nutrition.

  • @zhangruyi3153
    @zhangruyi3153 ปีที่แล้ว +27

    Every government should understand the concept of good governance, including food security, health security, energy security, water security etc.
    Countries should try to be self-sufficient in all these items so the country can protect their citizens.
    I think we are seeing the death of globalisation!

    • @sereshtd
      @sereshtd ปีที่แล้ว

      I don’t believe if something is broken necessarily it’s gonna die.
      Actually the Globalization just started in my opinion and you are right the countries need to be self sufficient also but you can’t produce everything like wool or oil or very water consuming products like rice, so you produce what you are good at and buy what it cost you more to make.

    • @taimildyas1126
      @taimildyas1126 ปีที่แล้ว +1

      Yeah not likely dude. Youre forgetting every other industry that have global supply chains

    • @TheGhostaxe
      @TheGhostaxe ปีที่แล้ว +1

      Although the death of globalisation might lead to more wars. You usually don't go to war with countries you trade with

    • @zhangruyi3153
      @zhangruyi3153 ปีที่แล้ว

      @@TheGhostaxe Yes, the death of globalisation will lead to more wars and countries do not go to war with those whom they trade with and thanks for reminding us about this.
      The EU states and US have turned the backs on globalisation and these countries have become protectionists, trying to protect their inefficient industries, thus adding to their inflation problems.

  • @wasabichannel4679
    @wasabichannel4679 ปีที่แล้ว +8

    I just bought Palm oil yesterday for 28.500/2L, and its factory package not the 50k price per/2L package
    I bought indomie 1 carton for 112k 2 days ago
    I bought 1kg of flour for 14k/kg last week
    I bought 10kg or rice for 105k last week
    Today chilli only 75k/kg, chilli price has always inflated fast and drop fast, nothing new
    chicken? why CNA ask malaysia for indonesia topic? Chicken only 27k-33k this week,
    yes everything getting expensive but not as bad CNA said

    • @skygen6757
      @skygen6757 ปีที่แล้ว

      where do u live?

    • @wasabichannel4679
      @wasabichannel4679 ปีที่แล้ว +1

      @@skygen6757 Sumatera

    • @metinatoon4438
      @metinatoon4438 ปีที่แล้ว +1

      In north Kalimantan, oil cooking brand kunci mas 48k /2kg rise 10k
      Eggs 56k for (eggs) rise 13k
      Sugar around 18-20k
      Rice 5kg 175k
      Chicken 45-50k rise 12k
      Flour rise 10k from 15k/kg.
      But other still the same.

    • @skygen6757
      @skygen6757 ปีที่แล้ว +1

      @@metinatoon4438 but my salary rised too :))

  • @merry_christmas
    @merry_christmas ปีที่แล้ว +52

    Rather than an export ban, perhaps suggest an export tax and ceiling. The prices other countries pay should automatically and fully compensate the price raises of provision items within the country.

    • @greentea7132
      @greentea7132 ปีที่แล้ว +23

      that's more problem in the distribution of those money, more hand involve more corruption possibly happened.
      it aint rare in indonesia such subsidies and gov help resulting in a big case of corruption, in fact this export ban happened because of the corruption of minimum percentage of the palm oil company supply that should be distributed nationally yet the company lobbying the authority to bypass that and sold the oil to overseas because the price is higher outside indonesia.

    • @muhammadrajendra6386
      @muhammadrajendra6386 ปีที่แล้ว +7

      Wont work in indonesia 😅

    • @zion3335
      @zion3335 ปีที่แล้ว

      food crops used for fuel under govt mandates will increase food prices....this is the only real cause

    • @agusbenzaenuri5881
      @agusbenzaenuri5881 ปีที่แล้ว

      No..

    • @merry_christmas
      @merry_christmas ปีที่แล้ว +1

      @Ops Blac I definitely don't. The problem however is that supply is (as claimed in this video) plenty for sustenance. Objectively speaking, this is no shortage issue but a distribution issue. Rather than feeding people, resources are hoarded for export.
      Now, realistically, I understand that the lobby and corruption is too big for my suggestion to work. But I do think certain guardrails should be implemented to partially avoid such issues in the future. Human rights _should_ constitutionally precede industries.

  • @p8895
    @p8895 ปีที่แล้ว +23

    Very good indeed! Could you please also shed some light on discrepancies in crop production n plantations in India geographically? Eg, rice being cultivated in water scarce areas.🙏

  • @simsgazytech2013
    @simsgazytech2013 ปีที่แล้ว +6

    chili is the ost unstable commodities in Indonesia. once price can be as cheap as 30K rupiah/Kilo or Soaring to 170K/Kilo.
    Indonesian addiction's with spicy food is extreme LOL

  • @MichelleQuintiaVLOGS
    @MichelleQuintiaVLOGS ปีที่แล้ว +30

    First comment 😆 It seems that most countries in Asia have the similar problem nowadays. Let us not lose hope. The food crisis will end eventually. 🙏🏼
    39:30 filipinoes should learn from other neighboring countries like indonesia on how to sustainably grow crops too! ❤️ God bless us all!

    • @debrajessen7975
      @debrajessen7975 ปีที่แล้ว +1

      It is true, we must not lose hope. But it will not be mankind who is going to solve this problem. This is a Bible prophecy being fulfilled because we are in what Jesus Christ and his diciples called: “The conclusion (or the end) of the system of things.”
      And Revelation chapter 6 talks about 4 horsemen of the apocalypse being sent out. Revelation 6:6 says: `I heard a voice in the midst of the four living creatures say: “A quart of wheat for a denarius and three quarts of barley for a denarius; and do not harm the olive oil and the wine.”
      A denarius was one day’s wages back when these words were written. And with the prices of everything going up a day’s wages wont go very far soon. But the hope we can get from the Bible is where God himself steps in to `bring to ruin those ruining the earth’ - Revelation 11:18 😊🙏🏿🙏🏾🙏🏽🙏

    • @waitandsee9345
      @waitandsee9345 ปีที่แล้ว +3

      @@debrajessen7975 it's wheat and barley. We Indonesians can't grow wheat here. So i hope we can substitute our comfort foods to survive.

    • @debrajessen7975
      @debrajessen7975 ปีที่แล้ว

      @@waitandsee9345 Jesus Christ said in Matthew 24:7 - “There will be food shortages ...” Mark 13:8 - “There will be food shortages. These are a beginning of pangs of distress.” Luke 21:11 - “In one place after another food shortages and pestilences; and there will be fearful sights ...”
      These Bible prophecies are going to be fulfilled earthwide, and it isn’t just limited to wheat and barley. Revelation uses a currency, a denarius, that not many countries use today. The point is, this is going to be worldwide, and it is going to lead to Gods Kingdom taking over rulership of the earth 😊🙏🙏🏽🙏🏿🙏🏾

    • @muhammadsecret8783
      @muhammadsecret8783 ปีที่แล้ว

      @@debrajessen7975 Not Gods, but God kingdom. Jesus is prophet, the one that you call as father is the real God. The term father is also used by Jews during that period, it is not necessary telling God is the father in human sense, but that is how the Jews show their closeness with their God. Jews and Muslim has the same concept of One God, and in Islam it is told that our souls come from God Ruh (soul), so it is not really false to say God is the father to whole human if we see it through the fact that our soul comes from God soul

    • @debrajessen7975
      @debrajessen7975 ปีที่แล้ว

      @@muhammadsecret8783 I totally agree, there is only One God. But writing `Gods Kingdom’ is the same as writing `His Kingdom’ it doesn’t mean God in plural form👍
      Acts 17:26 - `He made out if one man every nation of men to dwell on the entire surface of the earth’.
      Acts 10:34, 35 - Peter said: “Now I truely understand that God is not partial, but in every nation the man who fears him and does what is right is acceptable to him.” 😊🙏🙏🏽🙏🏾🙏🏿

  • @ak-if9wg
    @ak-if9wg ปีที่แล้ว

    Very good documentary film

  • @ramthian
    @ramthian ปีที่แล้ว

    Well dune guys ❤

  • @cherubimcherubim9515
    @cherubimcherubim9515 ปีที่แล้ว +2

    Amazing Indonesia.

  • @intriguingfacts5434
    @intriguingfacts5434 ปีที่แล้ว +4

    For CNA...it's always fine in Singapore and complete disaster in rest of ASEAN. They love to exaggerate... It's not that bad..only palm oil price that soars really high...but it's getting better now. In Indomaret you can get 2 liters for 36k

    • @muhammadsecret8783
      @muhammadsecret8783 ปีที่แล้ว +1

      Cooking oil in Jakarta minimarket has already been Rp 14.000 per liter. This is not an issue anymore, but CNA wants to manipulate their own Singaporean, by projecting other neighbouring countries are in disaster, they hope their own citizen will feel content with their government despite in Singapore headline inflation has been at 7 % in July while in Indonesia it was 4.9 percent. CNA is owned by their SOE, Temasek (government control)

  • @syiemsonny8659
    @syiemsonny8659 ปีที่แล้ว +3

    Every day we have to fight for survival, cuz food price rising day by day

  • @judithgrace9850
    @judithgrace9850 ปีที่แล้ว

    Bali was nice. Hola from Querétaro, Mexico.

  • @popcorn6931
    @popcorn6931 ปีที่แล้ว +3

    Should do a doc on how singapore is planning to shore up food inventory? or no? Of course this is a wealthy country so should be able to absorb any food price shocks for a prolonged period.

  • @RK-ve4xp
    @RK-ve4xp ปีที่แล้ว +5

    Once prices go up, it never goes down much. It simply stays there.

    • @cicizulahkaidkhow
      @cicizulahkaidkhow ปีที่แล้ว +1

      You,re wrong tho minyak 15.000

    • @rapemap
      @rapemap ปีที่แล้ว

      No, commodity prices behave differently.

  • @alwayscommenting56
    @alwayscommenting56 ปีที่แล้ว +2

    a Singapore media where the country is dependent on other country's exports: does export ban ultimately have adverse impact in the long run?
    Indonesia, not dependent on exports at all, chilling: say what?

  • @marshabennett7440
    @marshabennett7440 ปีที่แล้ว +3

    Aditya Alta knows his macroeconomics.

  • @cholesterol804
    @cholesterol804 ปีที่แล้ว +24

    Must be convenient to just interview someone selling chips. Inflation is not a problem. The main problem will be the upcomming wars. Which will halt international trades so import and exports gets delayed. Either you stock up or find alternative.

    • @grantquinones
      @grantquinones ปีที่แล้ว +2

      You're ahead about 95% of the population I told my mom to stock up if she looked at me like I was crazy

  • @wavemaker2077
    @wavemaker2077 ปีที่แล้ว +2

    CNA better focus on Singapore. Singapore is not self-sufficient when it comes to food. Food crisis in Singapore better be reported.

  • @juvezhang1715
    @juvezhang1715 ปีที่แล้ว +10

    Actually in Indonesia most food price are stable.

  • @madame4883
    @madame4883 ปีที่แล้ว +1

    This is so sad. Haiti is experiencing inflation on a major higher level. Even worse than this…

  • @JohnnyLee-ki3dl
    @JohnnyLee-ki3dl ปีที่แล้ว +1

    Indonesia has a good leader. Oil export ban act was quick. Vs the USA still exporting gasoline to China.

  • @lukewarm2075
    @lukewarm2075 ปีที่แล้ว

    Stunning and brave that they should export all their food and let their country starve bravo

  • @CalonDosen25
    @CalonDosen25 ปีที่แล้ว +20

    The western media has led the opinion that Indonesia should release the ban on palm oil exports. Don't pay attention to what the western media says. Palm oil is not only used for cooking, but for the production of various industrial products. No matter how expensive palm oil is in the future, western industries still need it and buy it. The more expensive the world's palm oil, the more profit when the export ban is lifted.

    • @nickduxfield4324
      @nickduxfield4324 ปีที่แล้ว

      can you tell me what is its industrial uses?

    • @naristamonica6574
      @naristamonica6574 ปีที่แล้ว +3

      @@nickduxfield4324 for makeup, skincare, soap, detergen, ice cream, etc

    • @nickduxfield4324
      @nickduxfield4324 ปีที่แล้ว

      Are you aware that the biggest importers and processors of palm oil products are not western

    • @CalonDosen25
      @CalonDosen25 ปีที่แล้ว +2

      @@nickduxfield4324 The West is not the biggest importer of CPO but the big industries are almost all from the west and the US, let's take the example of netsle and unilever, I'm sure everyone knows this trademark and they are not from China for sure 😂

    • @nickduxfield4324
      @nickduxfield4324 ปีที่แล้ว

      @@CalonDosen25 yes I think that’s right, but it’s the demand for palm oil that builds countries like Indonesia. And higher profits is better for those countries.
      What are you looking at, are you looking at the greed of the west.
      When things are more expensive like soap, moisturiser or ice cream people usually don’t purchase luxuries. Only greater supply is better for everyone.
      What is your perspective?

  • @hendyk78
    @hendyk78 ปีที่แล้ว +3

    This is 3 months old reporting, be more updated la,

  • @leonardmayer2362
    @leonardmayer2362 ปีที่แล้ว

    Why did prices go up? Did demand rise or did supply decrease?

  • @junioseladjr8809
    @junioseladjr8809 ปีที่แล้ว

    Indonesia is blessed to have a good president

  • @niallkorenskaya5067
    @niallkorenskaya5067 ปีที่แล้ว +2

    The crux of the issue is population, as population will grow so the demand for food, the demand for food grows so the demand for land and so on.... its vicious cycle.

  • @sereshtd
    @sereshtd ปีที่แล้ว +6

    Governing a country is no east task, you have to keep people happy and companies happy and keep balance on exports and import plus spend money on Education and Military while making sure the country doesn’t get in debt while the financial system has to be fair and banks are profitable and keeping the currency strong and making sure there is no inflation.
    That’s why politicians lie all the time, people don’t care for the truth they only care about their own business.
    So politicians create a delusion that they are in control, but what they are doing is making deals on the back door so they can be elected.

  • @florentinosebastianjrjhun2535
    @florentinosebastianjrjhun2535 ปีที่แล้ว

    One word adaptability...

  • @ajz8421
    @ajz8421 ปีที่แล้ว

    We are fine

    • @usualavantgasp
      @usualavantgasp ปีที่แล้ว

      some of us fell asleep feeling hungry for these past few months.. not fine

  • @eqnandar
    @eqnandar ปีที่แล้ว +1

    Nope, there is no food price spike here in Manado. The price of food here is quite stable despite of the rise of the cooking oil price.....

  • @estiwidi6341
    @estiwidi6341 ปีที่แล้ว

    It's common here that it's too much to make everyone panic

  • @vigorulzvere
    @vigorulzvere ปีที่แล้ว +4

    🙃 the high cost of wheat for bread has been taken care of by sorghum. Only ramen left

  • @RB-rp6ud
    @RB-rp6ud ปีที่แล้ว +3

    It’s never easy to balance the domestic & export needs what more during the difficult inflation times now. When domestic prices rise dramatically coupled with shortages, that can lead to social unrest. A couple of years ago when Indonesia raised fuel prices, this was met with massive protests only for the Government to revoke this increase. Self sufficiency is key to a nation’s survival.

  • @MultiDivebomber
    @MultiDivebomber ปีที่แล้ว +3

    CNA loves to exaggerating things...only palm oil price that sharply goes up...other ingredients may or may not go up...but only small percentage.

  • @johnjohnfrederickh.webber2124
    @johnjohnfrederickh.webber2124 ปีที่แล้ว +1

    An energy making industry that provides the families of Indonesia the capacity to self-generate electricity for thier homes and farms or business establishments might help with fuel and electricity expenses. Solar Panels with Hybrid Inverters I was told can reduce electricity bills to almost zero thereby providing the household "more money" to use for food, medicine and savings in banks. It is a good thing....to produce your own electricty for the household and EV buses, trucks and cars...

  • @siakniJP
    @siakniJP ปีที่แล้ว

    Its more complex really than it seems. A lot of people are also relying on exporting their products, its an industry. More reason to be selective on people to put in power.

  • @johnsonjohnson3122
    @johnsonjohnson3122 ปีที่แล้ว +4

    no matter how government intervene, the bad effect always find it way. Like if a country do export ban, it trigger other country ban other commodity needed by former country ex Indonesia and India and Malaysia. if government apply subsidies, it mean maintaining demand in tightening supply, it means government use its fiscal needed by other needs to subsidies, in turn they need tax increase which hurt business too. Not too mention the government subsidies compete with soaring global market price. imho, in the end, the equilibrium will be fixed by market itself not by intervention.

    • @maxpower.5189
      @maxpower.5189 ปีที่แล้ว

      unfortunately, market proponents are seldom self-correcting, especially when socio-political elements come to play. macro vs micro.

    • @johnsonjohnson3122
      @johnsonjohnson3122 ปีที่แล้ว

      @@maxpower.5189 well youve got a point there. Teehee. Human greed distorting equilibrium.

  • @whocare336
    @whocare336 ปีที่แล้ว +1

    Pum oil is mostly used as lubricant not as eatable oil. But in some part of Asia people eat pum oil just because it's cheap .

  • @Dedek-cx4kn
    @Dedek-cx4kn ปีที่แล้ว +2

    Why your report sooo cruel, no rising food pricing in Indonesia, for some commodity yes but it's very normal and situational. Like for red chilly but just for a while.

  • @unboxingdoomdays5949
    @unboxingdoomdays5949 ปีที่แล้ว +8

    Self sufficient is erm politically motivate.
    We need to punish Russia not punish other country

    • @paranoya733
      @paranoya733 ปีที่แล้ว +5

      We need to punish country who use "hegemonic embargo" and involved in many wars & colonialism, but at the same time those country embargo Russian businesses but doesn't want to embargo Russian gasses.. how pathetic 🤣

    • @ariapinandita9240
      @ariapinandita9240 ปีที่แล้ว

      Indonesia will be the first country to help Russia if the West punishes Russia. US prohibits Indonesia from growing wheat, even though wheat can be grown well in Indonesia.

  • @bchpls24
    @bchpls24 ปีที่แล้ว +1

    usually when one food prices increase, I'll just not buy it and seek alternative. if oil is expensive, I'll not buy oil.

  • @febriansyahnicho
    @febriansyahnicho ปีที่แล้ว +1

    For some it does not make any sense to blame the war between Rusia and ukrain that eventualy make the price soaring. As i remember cooking oil prices has gone up since Oktober last year. What makes us angry was that. The price is so high, but unavaibale in the market. As long as it available people Will buy it no matter how costly it is.

    • @waitandsee9345
      @waitandsee9345 ปีที่แล้ว

      Fertilizers most come from Rusia 😌

    • @febriansyahnicho
      @febriansyahnicho ปีที่แล้ว

      @@waitandsee9345 yes it's importerd from Rusia, but the war started in february, while oil prices gone up since Oktober, 4 months before the war started.

  • @philippecr
    @philippecr ปีที่แล้ว

    Price went up even for local produce....

  • @KakekSugionoCR7
    @KakekSugionoCR7 ปีที่แล้ว

    Good news for Indonesian

  • @anngo4140
    @anngo4140 ปีที่แล้ว

    Is this happening everywhere now?

  • @leoncay
    @leoncay ปีที่แล้ว +2

    Export should be for products which a country has surplus of. Global trades driven by making more profit have disrupted economy and also ecological system. The balance will be delicate and the road ahead will be bumpy but I think the efforts of the Indonesian government to be self-sufficient in feeding its population will be much more beneficial for the people and environment in a long run, especially if the circular economy approach is made part of the efforts.

    • @gtw4546
      @gtw4546 ปีที่แล้ว

      I agree. Every nation should strive for food self-sufficiency for basics and trade should be for surpluses and more exotic items that can't be grown locally. That way people don't starve when times are hard and can enjoy more variety when times are good.

  • @petergarcia8225
    @petergarcia8225 ปีที่แล้ว

    Time... time to prologue the use of oil and start ways to pack food.

  • @Re-2005
    @Re-2005 ปีที่แล้ว

    The price of eggs went to 30k rupiah this day in Surabaya the price of oil is 24k and the price of soybeans and flour has risen

  • @darkreeze
    @darkreeze ปีที่แล้ว +2

    So where all the singaporean who said that they don't need malaysian chicken anymore?? lmao.
    Most singaporean keep blaming and make fun of malaysia, when malaysia government decided to banned export. In reality, the banned export did HELP reduced the chicken prices 25% up to 40% in some places.
    Prove that food security happened around the world, each government will decided what benefit their people first before exporting to other countries,

    • @asiaone9609
      @asiaone9609 ปีที่แล้ว

      Because Singaporean felt they are more superior than others neighbours countries!! But unfortunately, Singapore is the most vulnerable country for food and goods shortages!

  • @zuzairiel4837
    @zuzairiel4837 ปีที่แล้ว +1

    The Indonesian government is actively developing the country's infrastructure... at that time the government needs to increase the country's income by raising taxes and reducing or eliminating subsidies... people with low incomes feel the impact of the increase in the price of goods and taxes...

    • @JitzyJT
      @JitzyJT ปีที่แล้ว

      cut all politicans salary by half.And remove all their freebies

  • @maliogarden9930
    @maliogarden9930 ปีที่แล้ว +5

    msh bahas migor? bukannya udh turun ya. klo gegara harga minyak bumi dunia naek, trus inflasi, masih make sense. krn logistik dan pabrik pake bbm. jdnya harga2 naek. dan itu yg terjadi di seluruh dunia saat ini. pegimane sih CNA. gw kira ngebahas negara2 saat ini sibuk mengamankan ketahanan pangan dengan melakukan bans export. CNA ini emg nyinyirin indonesia mulu, kyk waktu pandemi trus indonesia pake sinovac. CNA bolak balik bahas kelemahan sinovac. kenapa? krn singapore jualan pfizer. palm oil price in indonesia is currently decreased. period. why singapore (CNA) still talked about it.

    • @masdodo4090
      @masdodo4090 ปีที่แล้ว +2

      Udah biasa klo CNA bikin reportase 'nyinyirin' kasus2 di negara lain, tapi ngga pernah keras ke kasus di negaranya sendiri. Mirip2 Al Jazeera

    • @aryw8634
      @aryw8634 ปีที่แล้ว

      Mereka ujung2 nya bahas band export ayam dari Malaysia 😂🤣..itu tujuan mereka sebenarnya

  • @habibainunsyifaf6463
    @habibainunsyifaf6463 ปีที่แล้ว

    less soar and more like jumps. it wasnt extreme but there are some increases.

  • @waitandsee9345
    @waitandsee9345 ปีที่แล้ว +2

    People especially asians must take more concern to farmers' prosperity then football players 😌😌😌

  • @prolarka
    @prolarka ปีที่แล้ว

    Supply and demand. If you cannot increase supply, maybe decrease demand...

  • @vieteofilus81
    @vieteofilus81 ปีที่แล้ว

    Can u imagine the oil was so dark? . The price now is already normal.

  • @netgodzilla1
    @netgodzilla1 ปีที่แล้ว

    Now the price pf palm oil not really hurts anymore but overall price is increasing slowly

  • @yashpanchal7065
    @yashpanchal7065 ปีที่แล้ว

    FOR GOOD.

  • @mencobagear5874
    @mencobagear5874 ปีที่แล้ว +1

    I didnt know the price of food is soaring. And I live in Indonesia 🤣🤣

  • @nicolarollinson4381
    @nicolarollinson4381 ปีที่แล้ว +3

    I've spent a lot of time in Indo' and the price of food bill, post covid, has doubled at least. There is an abundance of delicious fresh foods, fruit and veg and rice.....loved watching this. Thank you. I'm feeling homesick.
    Palm oil is a curse because palm plantations have destroyed natural habitats.
    Whats a sustainable, less destructive alternative, I wonder?

    • @TheTeknus
      @TheTeknus ปีที่แล้ว +4

      Currently palm oil is the best option, take a look at how much land you need plant olive oil to produce as much palm oil, it's crazy, here is an example from DW th-cam.com/video/tTSLzEJnYIw/w-d-xo.html

    • @nicolarollinson4381
      @nicolarollinson4381 ปีที่แล้ว

      @@TheTeknus 🤔 catch 22

    • @TheTeknus
      @TheTeknus ปีที่แล้ว +4

      @@nicolarollinson4381 As I don't see if there is any better alternative than palm oil in the future, what best I can think of is to improve the efficiency of the palm oil production so there will be less land to use to make it

    • @muhammadsecret8783
      @muhammadsecret8783 ปีที่แล้ว +2

      @@nicolarollinson4381 sun flowers farming in Europe is much more damaging. See when the farm is harvested, it becomes dull, and sun flowers farm needs much more land to be able to produce the same cooking oil with palm oil with much less needed land

  • @TMM-N
    @TMM-N ปีที่แล้ว

    Export ban helps to inflationary pressure by a small bit

  • @TheScandalessLife
    @TheScandalessLife ปีที่แล้ว +5

    If the government banned exports of CPO, the government should have subsidized the farmers.

  • @TunogSunday
    @TunogSunday ปีที่แล้ว

    In the philippines price hike is not really an issue. We can immediately absorb the trend. Maybe because most of us are working abroad and we send dollars back home.
    Cooking oil prices goes to from 1.5 dollars to 2 dollars. In indonesia cooking oil still cheaper.

    • @misiangelaputri5839
      @misiangelaputri5839 ปีที่แล้ว

      really 😂😂
      Indonesia people work abroad more than 3 million but Indonesia have more than 278 million people living in this country you imagine
      but I know some Philippines workers like Singapore hongkong Malaysia they know how expensive price food in Philippines that way even sugar salt and cream coffee noodles send to families in Philippines
      and Indonesia workers deference no need send they all things cos in Indonesia more chipper price
      2 US DOLAR IN INDONESIA 29000
      and regular that oil in Indonesia price just only 9500 to 11500 before
      that way wee all complain to government
      cos Indonesia is bigger products of plam oil

  • @CHMichael
    @CHMichael ปีที่แล้ว +1

    Interrupting the market and crashing it.

  • @TheChenchen
    @TheChenchen ปีที่แล้ว

    Some producers throws their products into the sea ..

  • @jradcliffe4968
    @jradcliffe4968 ปีที่แล้ว

    It has to with the amount of crops planted or not planted . Go figure !

  • @beranitakbuat
    @beranitakbuat ปีที่แล้ว +1

    Malaysian government action to banned chicken export is big win for rakyat! The Cartel had been hit hard because of their threaten government before. Hahaha to the Cartel!!!

  • @melusine826
    @melusine826 ปีที่แล้ว

    On the upside means less demand for destroying habitat?

  • @colins3688
    @colins3688 ปีที่แล้ว +1

    This is basically a good insecure country complaining about the food producing country not selling them food

  • @efegeniosojr.5885
    @efegeniosojr.5885 ปีที่แล้ว

    in dire straits sometimes we need to sacrifice a few for the benifit of all i love widodo from pilipinas!!!

  • @AR-bh3mn
    @AR-bh3mn ปีที่แล้ว

    Inflation in Indonesia is actually only 2% per year!
    This is a fairly low inflation rate, even below India (0.5%)

  • @cosmic2096
    @cosmic2096 ปีที่แล้ว

    And thr are people on social media who call them foodie and influencers while wasting and showcasing foods for his own needs

  • @unboxingdoomdays5949
    @unboxingdoomdays5949 ปีที่แล้ว +1

    Erm why not grow more corn

  • @cheaserceaser
    @cheaserceaser ปีที่แล้ว

    Why don't government just give people stimulus checks. It really helps and lowers prices.

  • @swamykatragadda8661
    @swamykatragadda8661 ปีที่แล้ว

    what about pesticide & fertilizer used for rice cultivation ,getting into fish, eat & get cancer?

  • @madlove2339
    @madlove2339 ปีที่แล้ว

    it is all about survival of self. money rulez

  • @unboxingdoomdays5949
    @unboxingdoomdays5949 ปีที่แล้ว +3

    Why Malaysia cannot produce it own corn and its own fertilizer

    • @Amin-fp1gv
      @Amin-fp1gv ปีที่แล้ว +4

      Malaysia produce it own corn but unfortunately still can't fulfill Malaysia domestic demand

    • @fleurdewin7958
      @fleurdewin7958 ปีที่แล้ว +3

      Simple. Because corn per kg is cheaper than palm oil, so most farmers prefer to plant oil palm instead. That actually happens long time ago when farmers replaced their rubber tree with oil palm because rubber price dropped like a rock. Rice gets subsidy from government, but not corn. So there is motivation to produce rice but not corn . Actually there is a better way to solve all these problems, using barter trade . Like trading palm oil for wheat with India via government to government deal . Then both sides don't need to waste their foreign exchange.

    • @CharDhue
      @CharDhue ปีที่แล้ว

      Simple: Price and raw materials

  • @j2174
    @j2174 ปีที่แล้ว +4

    Can you please be specific and link the evidence of lower yields due to climate change?

    • @INDPYROTECH
      @INDPYROTECH ปีที่แล้ว

      This year in india temprature rise upto 50degrees which lowered the yield of wheat same happened in other countries too

    • @j2174
      @j2174 ปีที่แล้ว

      @@INDPYROTECH And the specific evidence that it was "climate change"? (And specifically in Indonesia's case as well)

  • @j2174
    @j2174 ปีที่แล้ว +5

    Wheat from Canada is the best. It has lots of protein and is hardy. Italians use it in pasta extensively and so am guessing many Asian processors user it in noodles.

    • @archingelus
      @archingelus ปีที่แล้ว +3

      The wheat meant for food in south east asia very likely comes from australia and india, hardy and protein contents depend on the wheat cultivars and quality of farm

    • @rajugeorge6358
      @rajugeorge6358 ปีที่แล้ว

      I had wheat from canada. It was s**t mate.

    • @j2174
      @j2174 ปีที่แล้ว

      @@rajugeorge6358 "Raju George
      7 hours ago
      I had wheat from canada. It was s**t mate."
      - No you didn't.
      - "had wheat from Canada" - LMFAO

    • @j2174
      @j2174 ปีที่แล้ว

      @@archingelus "
      archie
      8 hours ago
      The wheat meant for food in south east asia very likely comes from australia and india, hardy and protein contents depend on the wheat cultivars and quality of farm"
      - The noodle producer specifically references Canada. LMFAO. And that now because of the weather there and lower yields this year, they and others are seeking alternatives such as Australia, etc.
      - "Quality of farm" - What?!
      - "wheat cultivars" - Yes, I know. Really not certain what you are responding to mate.

    • @mlg1279
      @mlg1279 ปีที่แล้ว +2

      @@j2174 "Wheat from Canada is the best"
      What's the basis of your claim?