Kemendag: import duty 0% Lower Soybean Prices are not effective

Jakarta -Ministry of trade (Kemendag) issued a policy of lowering import duties to imports of soybeans to 0%, the goal to lower soybean prices surge that reached Rp 10,000 per kilogram.

But according to the Secretary General, Ardiansyah, Kemendag Parman granting import duty to 0% turns out to be just give impact soybean price drop 0.03%.

"Soybean import duty has been 0%, it is expected there will be a decrease in prices soybeans reached 5%, but what happened was only 0.03% of the impact penurunannya, so who enjoyed the soya price rises this?," a wonder in the public hearing on the Ardiansyah Office KPPU, Tuesday (17/8/2012).

While the word, due to rising prices Ardiansyah soy is making soaring prices up 10%. tempe

"And as a result of rising prices-10% tempe know give effect against inflation of 1.2% or inflation in General of tempe-know of 0.12%," he said.

based on the development of soybean prices in July 2012 beradaskan BPS data Rp 5.420/kilogram, in the first week of July rose Rp 7,400, July week to Rp 7,500 tifa.

While for the price in July 2012, tempe retail $ 8.884/boards on the first Sunday in the month of July rose to Usd 9.571 per Board and on Sunday July down slightly III Rp 9.188 per Board.

(rrd/ang)