Ahead Of Eid, Beef Prices In North Sumatra Market Move Up

Fresh beef. (ANTARA/Evalisa Siregar)

MEDAN - The price of fresh beef this weekend has moved up again in the North Sumatra market, or Rp. 140,000-Rp. 160,000 per kg due to the high demand approaching Eid 2022.

"It's going up again, because there's not much stock, while demand is starting to increase as we approach Eid," said Yusuf, a meat trader at Sambas Market, Medan, as reported by Antara, Sunday, April 24.

The normal price of beef in North Sumatra is Rp. 110,000-Rp. 120,000 per kg. Despite the increase, there are still buyers and even an increase because they are still needed to prepare for Lebaran.

According to him, there is a possibility that the price will rise again to IDR 150,000 per kg from IDR 140,000 per kg this weekend.

"The price of meat could be Rp. 150,000 or even more at the peak of demand next week because May 2 is Eid al-Fitr," he said.

Head of the Economic Bureau of the Regional Secretariat of North Sumatra Province, Naslindo Sirait, admitted that there was a trend of rising beef prices in North Sumatra.

Based on observations, he said, the price of beef was around Rp. 110. 000 - IDR 160,000 per kg. If averaged, he said, the price of beef in North Sumatra was Rp. 135,754 from Rp. 134. 647 per kg before. The cheapest price or Rp110. 000 per kg occurred in Karo Regency and the most expensive in Gunung Sitoli, Nias at Rp160. 000 per kg. "The increase is due to market mechanisms due to increased demand ahead of Idul Fitri," he said.

Naslindo said, apart from meat, there was an increase in the price of bulk cooking oil and garlic. Of the 15 basic needs that were monitored regularly, three commodities, namely beef, garlic and bulk oil, experienced an increase.

"The North Sumatra Provincial Government continues to strengthen supervision at the producer level, distribution of goods and at the merchant level to stabilize prices or at least not increase price spikes," said Naslindo.