Beef prices in Jakarta hit Rp 160,000 per kg

Beef prices at Pasar Tomang Barat in West Jakarta reached Rp 160,000 per kilogram three days before Eid al-Fitr, up from Rp 140,000 previously. Trader Adi said the increase started a week earlier, though buyer numbers have dropped compared to last year.

Jakarta – Beef prices have continued rising ahead of Eid al-Fitr. On Wednesday, March 18, 2026, at Pasar Tomang Barat in Grogol Petamburan, West Jakarta, beef reached Rp 160,000 per kilogram three days before the holiday. This marks an increase from previous levels of Rp 140,000 to Rp 150,000 per kilogram, according to trader Adi (37). The rise began a week earlier, with nearly all cuts, including thigh and shank, now priced uniformly at Rp 160,000 per kilogram. > “For now, beef prices have hit Rp 160,000 per kilogram. That's been the case since H-7 Lebaran,” Adi said. Adi noted fewer buyers compared to last Eid, likely due to the higher prices. Last year, prices stood at Rp 150,000 per kilogram, seen as more affordable and drawing more customers. He typically sells around 150 kilograms daily, but numbers are down this time. Supply remains secure from Rumah Potong Hewan (RPH) Cakung, managed by Perumda Dharma Jaya under the DKI Jakarta provincial government. Adi expects a surge in buyers on H-2 to H-1, though not as busy as in previous years. > “Compared to last year, buyers are slightly down. Maybe because prices are quite high now,” he explained.

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Global crude oil prices have surpassed 115 USD per barrel, triggered by escalation in the Iran-AS-Israel war and Houthi threats. Economists warn of fiscal risks for Indonesia, including rupiah weakening to Rp17,002 per USD and potential APBN deficit. Pertamina denies rumors of non-subsidy fuel price hikes starting April 1, 2026.

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As Beijing's tariff approaches, Brazil's exporters are rapidly filling their quota for beef to China, prompting South American industry to seek new buyers. The benchmark price for finished cattle tracked by the University of Sao Paulo's Centre for Advanced Studies on Applied Economics hit R$365 (US$71.57) per arroba (11.5-15kg) on Wednesday, up 12.5 per cent over the past 12 months amid a rush to ship before the quota closes. Daily average shipments reached 10,630 tonnes, 8.6 per cent above March 2025 and 40.7 per cent above the same period in 2024.

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PT Jasa Marga recorded a record Lebaran 2026 mudik traffic peak of 270,315 vehicles on March 18, H-3 Lebaran. This marked a 98.3% increase from normal levels and 4.6% from the previous year. A total of 1.48 million vehicles left Jabodetabek from H-10 to H-3.

 

 

 

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