According to information from Djakarta on Oct. 27, the Indonesia, in the latest measures to promote self-sufficient food product, considers collection 10% soybean import tariff and may formulate new minimum price of soybeans.

The existing import tariff is zero. However, due to cheap local price, the officials of Ministry of Agriculture of Indonesia said the Ministry has proposed to collect 10% import tariff to protect local farmers from being impacted by cheap imported soybeans.