# Indonesia Hit Its Rice Targets. Prices Still Won’t Sit Still.

> Indonesia exceeded its 2026 domestic rice procurement target, with Bulog buying more than 4.11 million tonnes by October 9 and national reserves peaking near 5.4 million tonnes. Despite daily market releases under the SPHP stabilization program, non-program medium rice in Central Java was reported as much as 11.11% above the government’s price ceiling.

- Date: 2026-11-08 · published 2026-11-09T09:06:36.816Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/89093-indonesia-hit-its-rice-targets-prices-still-won-t-sit-still
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Large public stocks and continued releases can add supply and restrain domestic rice prices, although prices above the ceiling indicate stabilization efforts have not fully eased market pressure.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-09-10 | [Rice prices to stabilize in November: Piñol \| ABS-CBN](https://feedsoft.ai/events/63117-rice-prices-to-stabilize-in-november-pinol-abs-cbn.md) | -1.7% | -0.2% |
| RICE | 2022-10-20 | [Senegal hones its home-grown rice to cut dependence on Asian imports \| Reuters](https://feedsoft.ai/events/39210-senegal-hones-its-home-grown-rice-to-cut-dependence-on-asian-imports-reuters.md) | -2.8% | +7.6% |
| RICE | 2022-04-14 | [Now, T Govt & Millers Bicker Over Broken Rice Charges \| Hyderabad News - Times of India](https://feedsoft.ai/events/41918-now-t-govt-and-millers-bicker-over-broken-rice-charges-hyderabad-news-times-of.md) | +3.0% | +7.5% |
| RICE | 2026-05-08 | [The price of Vietnamese rice has risen sharply, while the Philippines is seeking to limit imports.](https://feedsoft.ai/events/10156-the-price-of-vietnamese-rice-has-risen-sharply-while-the-philippines-is-seeking.md) | +6.4% | +6.3% |
| RICE | 2021-09-15 | [WTO: India’s interest in promoting wheat, rice exports may clash with G-33 proposal on MSP - The HinduBusinessLine](https://feedsoft.ai/events/45017-wto-india-s-interest-in-promoting-wheat-rice-exports-may-clash-with-g-33.md) | +3.1% | +2.0% |

## Sources

- seanewsdesk.com: https://seanewsdesk.com/top-story/indonesia-hit-its-rice-targets-prices-still-wont-sit-still/

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