Chili Prices Surge Ahead of Christmas and New Year Celebrations

Price Hike in Traditional Markets

Chili prices have surged significantly in various traditional markets in Jakarta, such as Pasar Rawamangun, reaching Rp 80,000/kg for cabai rawit merah ¹

. This represents a substantial increase from the normal price of Rp 50,000/kg. The price hike is attributed to extreme weather conditions, particularly continuous rain, which has complicated the harvesting process ¹

Source 1

https://finance.detik.com/berita-ekonomi-bisnis/d-8275675/harga-cabai-di-pasar-rawamangun-rp-80-000-kg-bapanas-sebut-mulai-turun

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Government Intervention and Price Stabilization

The National Food Agency (Bapanas) has reported that chili prices have begun to decline with the increase in supply from Aceh. According to I Gusti Ketut Astawa, Deputy for Food Availability and Stabilization at Bapanas, the purchase of 40 tons of chili from Aceh has helped stabilize prices. The price of cabai keriting, for instance, dropped from Rp 80,000 to Rp 50,000/kg ²

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Price Reference Sales (HAP) and Market Dynamics

The current market price of Rp 80,000/kg exceeds the stipulated Price Reference Sales (HAP) range of Rp 40,000-Rp 57,000/kg ²

. The fluctuation in chili prices is closely monitored by Bapanas to ensure food price stability during peak festive seasons.