Executive Summary

Key insights and market outlook

Perum Bulog's rice distribution through the Stabilisasi Pasokan dan Harga Pangan (SPHP) program reached 784,152 tons by December 24, 2025, achieving 52.8% of the 1.5 million ton target ¹

. The company now estimates reaching 60% of the target by year-end ². Distribution challenges were attributed to uncertain scheduling throughout the year.

Full Analysis

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Deep Dive Analysis

Bulog's 2025 Rice Distribution Falls Short of Target

SPHP Program Realization

Perum Bulog's rice distribution through the Stabilisasi Pasokan dan Harga Pangan (SPHP) program reached 784,152 tons by December 24, 2025. This achievement represents 52.8% of the targeted 1.5 million tons for the year ¹

. The company's CEO, Ahmad Rizal Ramdhani, reported that the distribution on December 23, 2025, alone was 8,067 tons ¹.

Revised Year-End Projections

Bulog has revised its year-end projection to 60% of the target, according to Ahmad Rizal Ramdhani ²

. The initial target of 1.5 million tons now appears challenging to meet due to distribution inconsistencies throughout the year. The SPHP program's execution was not consistent, with periods of activity followed by months without distribution ¹.

Challenges in Distribution

The distribution challenges were primarily attributed to uncertain scheduling throughout 2025. As explained by Ramdhani, the program was active during January-February, halted during March-June, and resumed in July. This inconsistency resulted in the lower-than-expected achievement ¹

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Future Plans

For the year 2026, Bulog plans to implement a more consistent distribution schedule throughout the year. The company aims to maintain a steady supply from January to December, avoiding the previous year's irregular distribution pattern ¹

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References