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    KPPU Urges Sugar Price to be Maximum of IDR 12,500 per Kilogram

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    BANDUNG- The government along with KPPU or the Business Competition Supervisory Commission has called for restriction on the sales price of sugar in the community to be IDR 12,500 per kilogram. It is done in anticipation of the rising prices of the commodity, particularly ahead of Ramadhan this year.

    Chairman of the Commission, Syarkawi Rauf stated their commitment along with Ministry of Trade and Ministry of Agriculture to fixing the sugar price. Therefore, there should not be any sugar sellers who charge more than the fixed price.

    "We are already committed, prior to and during Ramadan, the price of sugar in the market is not more than IDR 12,500 per kilogram," he told reporters in Bandung, Monday (04/03/2017).

    Syarkawi explained the price fixing of sugar to suppress the increased price ahead of Ramadhan, so that the price is affordable for consumers. "It's an attempt to make the prices reasonable for consumers," he said.

    The Commission will deploy a team to a number of areas to monitor the market dynamics in the field such as West Java, North Sumatra, East Java, South Sulawesi and East Kalimantan.

    "We will deploy a team to a number of trade centres in Indonesia," he said.

    Syarkawi emphasized that they will take firm action if it is found the price tricks. "This is also a firm commitment from the Minister of Trade, who have the authority to revoke the permission. We'll be very serious," he said. (MAT)

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