JAKARTADAILY.ID - The Coordinating Minister for Economic Affairs, Airlangga Hartarto, asked the public not to worry about the stock of cheap cooking oil.
According to him, cooking oil with the highest retail price policy of Rp 14,000 is widely available.
Airlangga Hartarto explained that in early February the government will set prices for selling cooking oil.
Premium cooking oil is set at Rp 14,000, cooking oil wrapped in a simple package costs Rp 13,500, while the ones sold in bulk can be obtained at Rp 11,500.
"The price as of February 1, 2022, which is set by the government at Rp 14,000 per liter for premium ones, Rp 13,500 for simple packing, and Rp 11,500 for bulk, is expected to continue to be distributed," said Airlangga Hartarto.
"So there's no need to be afraid of running out of stock," he added.
According to him, after the one-price policy set by the government, the price of cooking oil circulating in the market will decrease gradually.
"It's [a gradual process], as of February 1, it will be rolled out [eventually]. Yes, step by step, and hopefully tomorrow some of it will be ready," said Airlangga Hartarto.
"Yes, of course some have 'finished' the stock, then they can start with new stock," he said, as quoted by Pikiran-Rakyat.com from ANTARA on January 30, 2022.
With the policy on the highest retail price of cooking oil that has been set, he said, people are expected not to fight over it.
Because, according to him, if that happens it can create a shortage of stock.
Meanwhile, the Minister of Trade, Muhammad Lutfi, previously explained that his party was ready to apply maximum retail price for cooking oil.
The cooking oil's maximum retail price is to be applied for bulk sales to premium packaging and is planned to take effect on February 1, 2022.
The article was translated from Pikiran-Rakyat.com's article titled "Menko Airlangga Hartarto Pastikan Stok Minyak Goreng Banyak, Masyarakat Diminta Jangan Khawatir Kehabisan".
Related Article
Indonesian Government Disburses 11 Million Liters of Cooking Oil to Stabilize Market Prices
Salim Ivomas Pratama Will Help Gov. Efforts to Maintain Cooking Oil Prices
Indonesian Crude Oil Prices Peaked in 2021
Alfamart Director: Consumers are Panic Buying Cooking Oil Due to Scarcity
Rizal Ramli Slams Jokowi's Ministers on Cooking Oil High Price
Viral! Car Owner Fills Up Car with Cooking Oil Amidst Scarcity, Netizen Puzzled
Demokrat Politician Calls Out Minister of Trade on Cooking Oil Scarcity
Rizal Ramli Slams Airlangga Hartarto in the Mishandling of the Cooking Oil Crisis
Suspicion of Cartel, KPPU Summons Cooking Oil Producers to Answer for Product's Scarcity