The Palace Promises to Resolve the Cooking Oil Chaos, Here’s How

Jakarta –

Presidential Chief of Staff Moeldoko opens his voice about the chaos cooking oil. According to him, the availability and stability of cooking oil prices is a special concern for the government.

The cooking oil problem started with the increase in the price of Crude Palm Oil (CPO) in the international market. Therefore, the government through the Ministry of Trade (Kemendag) has made efforts to solve it holistically through Minister of Trade Regulation No. 6/2022.

From the upstream side, the government enforces the Domestic Market Obligation (DMO) and Domestic Price Obligation (DPO) policies.

“On the upstream side, this policy is expected to solve the problem of raw materials. Meanwhile, downstream, the determination of HET can reduce the burden on consumers,” said Moeldoko in a written statement, Saturday (19/2/2022).

According to Moeldoko, the implementation of the Ministry of Trade’s policy has had an impact on the availability and stability of cooking oil prices in the market. Although at this time he admitted that there were still many things that were not as expected.

Moeldoko said the results of monitoring by the Presidential Staff Office team showed that cooking oil prices continued to fall even though the average was still above the Highest Retail Price (HET). According to him, cooking oil with HET is currently also available in modern and traditional markets.

“The scarcity in several locations will continue to be addressed. The Ministry of Trade and producers are still communicating to resolve the problem,” explained Moeldoko.

For information, as of February 1, 2022, the government has set the HET for cooking oil with details, bulk cooking oil at Rp. 11,500 per liter, simple packaging at Rp. 13,500 per liter, and premium packaging at Rp. 14,000 per liter.

The government also enforces a DMO policy for all cooking oil exporters of 20 percent of their respective export volumes, DPO of Rp 9,300 per kilogram for CPO, and Rp 10,300 per kilogram for olein (refined from CPO for cooking oil as a basic ingredient).

Watch the video ‘The Irony of a Palm Rich Country, Finding Cooking Oil is Difficult’:

[Gambas:Video 20detik]

(hal/hns)

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