InfoSAWIT, JAKARTA – The government decided to cover up palm cooking oil price gap to fulfill household needs, micro and small business. The policy is based on evaluation results by considering procurement and affordability of palm cooking oil price for the people.
Following up the previous policy, the government confirmed that the people should get simple package palm cooking oil with Rp 14.000 per liter. To cover up the price gap, it will not be only in one liter but also in 2 liters, 5 liters, and 25 liters
“In the meeting, it was decided that the gap price of palm cooking oil will be supported by Palm Oil Plantation Fund Management Agency (PFMA) which reached Rp 7,6 billion,” Coordinator Minister in Economy, Airlangga Hartarto said in the Steering Committee Meeting with PFMA, Tuesday (18/01/2022).
Palm cooking oil in package with special price will be available for about 250 million liters for the next six months. The government will keep monitoring and evaluating regularly, at least, once a month about the implementation.
“Single price of palm cooking oil, which is, Rp 14.000 per liter will start today, Wednesday (19/1/2022) in many regions in Indonesia, but in traditional markets, it will spend at least a week to adjust starting from today,” Hartarto said, as in the official statement to InfoSAWIT. (T2)