# Indonesia rations purchases of staples, eyes fuel price cuts

> Indonesia is rationing purchases of staple foods to contain panic buying as coronavirus cases rise. Authorities also said supplies disrupted by Chinese imports and a late sugarcane harvest were being replaced through imports.

- Date: 2020-03-18 · published 2020-03-18T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/7553-indonesia-rations-purchases-of-staples-eyes-fuel-price-cuts
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Government rationing and import substitution point to tight staple supplies in Indonesia, a modest support for food commodity demand.

## Read by commodity

- SBM: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-05-23 | [Crude oil, Indonesian trade policy gyrations drive soybean oil prices - McKeany-Flavell](https://feedsoft.ai/events/41479-crude-oil-indonesian-trade-policy-gyrations-drive-soybean-oil-prices-mckeany.md) | +1.0% | +1.5% |
| SBM | 2016-11-28 | [EPA Renewable Fuel Standard Rallies Soybean Oil Prices - farmdoc daily](https://feedsoft.ai/events/73747-epa-renewable-fuel-standard-rallies-soybean-oil-prices-farmdoc-daily.md) | -3.1% | -4.0% |
| SBM | 2022-04-27 | [Sekretariat Kabinet Republik Indonesia \| Gov’t Bans Palm Oil Export Starting April 28 - Sekretariat Kabinet Republik Indonesia](https://feedsoft.ai/events/15829-sekretariat-kabinet-republik-indonesia-gov-t-bans-palm-oil-export-starting.md) | -2.4% | -4.4% |
| SBM | 2022-04-28 | [Soy oil soars to record as Indonesia expands palm export ban](https://feedsoft.ai/events/41929-soy-oil-soars-to-record-as-indonesia-expands-palm-export-ban.md) | -4.9% | -6.0% |
| SBM | 2025-04-11 | [Beginning of stage 3 of the economic program with relaxation of currency restrictions and an exchange rate to float within a band \| BCRA](https://feedsoft.ai/events/25427-beginning-of-stage-3-of-the-economic-program-with-relaxation-of-currency.md) | -0.1% | -3.3% |

## Sources

- nypost.com: https://nypost.com/2020/03/18/indonesia-rations-staple-foods-eyes-fuel-price-cuts-amid-coronavirus-pandemic/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.