Wilmar Padi Indonesia Denies Monopoly At The Price Of Grain

PT Wilmar Padi Indonesia (WPI) denies monopilicizing the price of unhulled rice in Serang, Banten.

This subsidiary of Wimar Group admits that it only absorbs 2.5 percent of the total rice production in the Banten area.

This was conveyed by General Manager of the Integrated Industrial Estate of Wilmar Serang, Tenang Sembiring in an official statement, written Wednesday, September 13.

Calm down said, from January to August 2023, the amount of grain for farmers absorbed by Wilmar Padi Indonesia only reached 69,8000 tons.

Meanwhile, the production of unhulled rice in Banten is estimated at 1.5 million tons.

"Referring to this, the percentage of absorption of grain from our farmers is around 2.5 percent. So how can we monopolize and determine prices, while our suppliers also come from rice milling in this area," said Tenang.

Calm also explained that during August this year, the absorption of harvested dry grain (GKP) that Wilmar Serang could absorb was only 5 percent of the average production realization or around 200 tons per day.

He said, since the first week of August 2023, Wilmar Padi Indonesia has only absorbed 1,750 metric tons (MT) of unhulled rice.

"We will stop supplying rice because there is no more grain stock per day, there is only 350 MT in stock," said Tenang.

For your information, the Business Competition Supervisory Commission (KPPU) will sue PT Wilmar Padi Indonesia next week.

This summons is related to the alleged monopoly on the price of unhulled farmers.

The KPPU will begin to investigate the alleged monopoly by Wilmar Padi Indonesia after receiving complaints from various parties.