Global Trade Alert
Global Trade Alert

Indonesia: Government increased the price cap on soybean and expanded soybean planting area

Announcement

19 Sep 2022

In September 2022, the government of Indonesia increased the price cap on soybean to IDR 10'000 (USD 0.66) per kg and provided an IDR 400 billion (USD 26.02 million) subsidy to expand the planting areas for soybean farmers.

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Sep 2022

Revocation date:

No revocation date

Updated: 19 Sep 2022
State aid, unspecified In force

On 19 September 2022, the government of Indonesia provided subsidies of IDR 400 billion (USD 26.02 million) to soybean farmers to expand the areas for soybean plantings from 150,000 hectares to 600...

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Updated: 19 Sep 2022
Price stabilisation In force

On 19 September 2022, the government of Indonesia increased the price cap on soybean from IDR 7'700 (USD 0.57) per kg to IDR 10'000 (USD 0.66) per kg. The previous price cap was regulated under the...

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Implementation date

19 Sep 2022

Revocation date:

31 Dec 2022

Updated: 19 Sep 2022
Production subsidy

On 19 September 2022, the government of Indonesia provided subsidies of IDR 400 billion (USD 26.02 million) to soybean farmers to expand the areas for soybean plantings from 150,000 hectares to 600...

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