This volume is nearly three times higher than the minimum subsidised fertilizer requirement set by the government. The national stock volumes of subsidised fertilizers consist of 510 300 t of urea, 610 600 t of NPK fertilizers, 14 300 t of special formula NPK fertilizers for cocoa crops, 8800 t of ammonium sulfate and 56 700 t of Pupuk's Petroganik organic fertilizers. These fertilizer stocks are already in producer warehouses and buffer warehouses in districts throughout Indonesia.
Pupuk Indonesia has also prepared around 480 400 t of non-subsidised fertilizer stock for local farmers that are unable to procure subsidised fertilizers. Total volumes of non-subsidised products are at 412 400 t of urea, 27 400 t of NPK fertilizers and 40 700 t of ammonium sulfate.
Pupuk Indonesia has set a highest retail price (HET) for the sale of subsidised fertilizers in 50 kg bags. The HET for urea fertilizers is set at 2250 rupiah/kg (US$136/t), while for NPK Phonska fertilizers it is at 2300 rupiah/kg (US$139/t). For NPK fertilizers for cocoa it is at 3300 rupiah/kg (US$199/t), and for organic fertilizers it is at 800 rupiah/kg (US$48/t). But these subsidised fertilizer products are only applicable for farmers planting rice, corn, soybeans, cassava, chilli, shallots, garlic, sugarcane, cocoa, and coffee with a maximum land area of two hectares per planting season. Farmers are also required to be members of a farmer group and registered in the electronic definitive group needs plan (e-RDKK).
Original article written by Dinise Chng on Argus Media.
