Jokowi: Palm Cooking Oil Should be Economic in Price

Jokowi: Palm Cooking Oil Should be Economic in Price

InfoSAWIT, JAKARTA – The expensive palm cooking oil in the last several months is the new pressure for the people for it is one of daily needs. Bulk palm cooking oil is now Rp 17.600/liter and packaged palm cooking oil is Rp 19.000/liter.

Knowing this condition, President Joko Widodo ordered Minister of Trade to guarantee palm cooking oil price stable in our country. For information, crude palm oil is expensive to export.

“Once again, the government’s priority is the people’s need. Palm cooking oil should be economic. If it is needed, Minister of Trade should conduct bazar to control the price,” he said.

President Joko Widodo also reminded that the government obliged private companies, Enterprises and its subsidiaries in mining, plantation, and other natural resource process to provide domestic needs in the first place before conducting exports. President thought, this is the constitutional mandate.

“This is the mandate of Chapter 33 (3) Undang-Undang Dasar 1945. Every natural resource in it is mastered by the country and used for the people’s welfare,” President Joko Widodo told in his official statement in Istana Merdeka, Jakarta, Monday (3/1/2022).

About coal stock, President Joko Widodo ordered Ministry of Energy and Mineral Resources, Enterprises, and PT. Perusahaan Listrik Negara (PLN) to immediately get solution for the national interests. The priority is to fulfill domestic needs for PT PLN and other domestic industries.

He thought, there has been mechanism in domestic market obligation (DMO) that obliges mining companies to fulfill the needs in PT PLN. President emphasized that it is absolute and never be broken by any reason. (T2)