Trade Minister Zulkifli Hasan: Cooking Oil Prices Are Now Below the Highest Retail Price at Rp 14,000/Liter

- 06 July 2022 13:02 WIB
Minister of Trade Zulkifli Hasan (Zulhas). (Photo/Kemendag)
Minister of Trade Zulkifli Hasan (Zulhas). (Photo/Kemendag)

JAKARTADAILY.ID – Minister of Trade Zulkifli "Zulhas" Hasan said that his two weeks of work have paid off, where now the availability of cooking oil on the market is safe at a price according to the highest retail price determined by the government.

"I went to the market again today, to make sure that the availability of people's cooking oil in the market is safe at a price that is in accordance with the government's HET, a maximum of Rp 14,000 per liter,” explained Trade Minister Zulhas after speaking with residents and traders at Ciracas Market, Jakarta, Tuesday, July 5, 2022.

“After dialogue with traders and the community, I am happy because according to our efforts, it has not been a month in Java and Bali. It's safe," added Zulhas

Also Read: Zulkifli Hasan Monitors the Cibubur Market on the First Day of Work as the Indonesian Minister of Trade

Based on the daily monitoring of the Ministry of Trade's Basic Needs Market Monitoring System (SP2KP) in 216 markets throughout Indonesia, the average bulk cooking oil price for Java-Bali is already below the highest retail price.

As of July 1, 2022, the average price of bulk cooking oil was Rp 13,900/liter, down 11 percent compared to last month.

"It is available at 15,375 government partner retailers spread over 241 regencies/cities in 25 provinces," he explained.

After direct inspection of the market and discussions with traders, Trade Minister Zulhas saw bulk cooking oil packaged by traders to make it practical.

"Earlier, there was also a lot of bulk cooking oil that had been packaged in bottles, but the price was still Rp. 14,000/liter," said Trade Minister Zulhas.

Also Read: Indonesian Ministry of Trade: MGCR Program Provides Easier Access to Cheap Cooking Oil for the Public

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Editor: Muhamad Al Azhari

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