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Article: INDONESIA'S DOMESTIC WHEAT FLOUR PRICES RISE BY 5 PCT.
- Article from:
- AsiaPulse News
- Article date:
- October 9, 2002
CopyrightCOPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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JAKARTA, Oct 9 Asia Pulse - Wheat flour prices in the domestic market rose 5 per cent following a 30-percent increase in the global price of the commodity in early September.
"The increase in the price of wheat flour is inevitable and the national wheat flour producers are likely to raise it by 15 per cent to 17 per cent in stages," executive director of the Indonesian Association of Wheat Flour Producers (Aptindo), Ratna Sari Lopies, said yesterday.
Since May 2002, the price of wheat flour in the domestic market has risen by as much as 45 per cent.
Because of the 5 per cent increase, the price of wheat flour on the domestic market will likely ...