Monday, May 19, 2014

This reason HPP 2014 Sugar Rise Only Slightly

Bisnis.com, JAKARTA - The Ministry of Trade establishes benchmark prices Farmers (HPP) Sugar period in 2014 amounted to Rp 8.250/kg in the face of sugarcane milling season this year. Determination of HPP is poured through the Minister of Trade No. 25/M-DAG/PER/5/2014 dated May 5, 2014 on Reference Price White Crystal Sugar Growers 2014.
 
Issuance of the Regulation concerning the establishment of white sugar by HPP Trade Minister refers to the Minister of Industry and Trade No. 527/MPP/Kep/9/2004. In determining the amount of HPP, Kemendag regard to the proposal of the Minister of Agriculture as Chairman of the Indonesian Sugar Council meeting and the result of coordination between agencies / agencies and related associations.
 
Commerce Minister Muhammad Lutfi explains the determination of crystal white sugar HPP attention to world market conditions."The current world sugar prices are likely to decline, so the retail price of sugar in the country is currently a high or above the import parity price. Determination HPP white sugar that is too high can lead to avoided because seepage refined sugar and increase the possibility of smuggling, "he explained, Tuesday (05/06/2014).
 
Determination of white sugar HPP 2014 and aims to improve the welfare of farmers' income in an effort to increase production and productivity of sugarcane fields towards self-sufficiency in the country. "However, HPP is not the only instrument that can support the welfare of farmers sugar, increase in yield into it is no less important in improve the welfare of farmers, "said the minister.

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