| Issue |
BIO Web Conf.
Volume 69, 2023
The 2nd International Conference on Agriculture, Food, and Environment (2nd ICAFE 2023)
|
|
|---|---|---|
| Article Number | 04020 | |
| Number of page(s) | 5 | |
| Section | Agricultural Environment, Ecology and Resources | |
| DOI | https://doi.org/10.1051/bioconf/20236904020 | |
| Published online | 16 October 2023 | |
Auction Market Dynamics and Chili Supply Chain Performance in Yogyakarta
1 Department of Agribusiness, Faculty of Agriculture, Universitas Pembangunan Nasional Veteran Yogyakarta, Yogyakarta, Indonesia
2 Agribusiness, Faculty of Agriculture, Universitas Pembangunan Nasional Veteran Yogyakarta, Yogyakarta, Indonesia
3 Department of Agribusiness and Bioresource Economics, Faculty of Agriculture, Universiti Putra Malaysia, 43400 UPM Serdang, Selangor, Malaysia
1 Corresponding author: antik.s@upnyk.ac.id
This study delves into the supply chain intricacies of chili in Yogyakarta, a major determinant in recent inflation trends. Utilizing a quantitative approach, data were garnered from 53 key stakeholders encompassing farmers, traders, and auction market managers. The chili supply chain was delineated into four principal stages: farmers, assembly points, auction markets, and traders, underpinning three core flows - product, monetary transactions, and information dissemination. Noteworthy findings highlight an exemplary performance of the chili supply chain, marked by high responsiveness, agility, and commendable asset management efficiency. Interestingly, an intertwined price dynamic was observed: the Yogyakarta auction market's chili prices mirror those of the Jakarta market, and vice versa. The implications of these insights can be pivotal for devising strategies to ensure price stability and bolstering food security, emphasizing the potential role of auction markets as integral mechanisms in stabilizing commodity prices.
Key words: Chili Supply Chain / Inflation Trends / Auction Markets / Price Dynamics / Food Security
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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