Key insights and market outlook
The Indonesian government is implementing multiple initiatives to support the agricultural sector, including fertilizer subsidy distribution of 6.5 million tons out of 9.55 million tons quota and plans to distribute land to poor farmers. The government has also reduced fertilizer prices by 20% and is working on revitalizing old fertilizer factories to improve production efficiency. These measures aim to empower farmers and enhance agricultural productivity.
The Indonesian government has made significant progress in distributing fertilizer subsidies to farmers, with 6.5 million tons out of the 9.55 million tons quota already delivered 4
Coordinating Minister for People's Welfare, Muhaimin Iskandar, revealed plans to distribute land to poor farmers as part of the government's empowerment efforts 1
In a related development, the government has reduced fertilizer prices by 20% as part of its subsidy program 2
Minister Zulkifli Hasan emphasized the need to revitalize aging fertilizer plants, such as the 50-year-old Pupuk Kujang factory 5
Fertilizer Subsidy Distribution
Land Distribution Plan
Fertilizer Price Reduction