JAKARTA – Ministry of Commerce reveals fair price cooking oil packaging. The Director General of Domestic Trade at the Ministry of Trade, Oke Nurwan, said that the fair economic price of packaged cooking oil is around Rp. 19,000-25,000 per liter and applies to all types of brands.
“The average is that much. So if someone sells in that price range, it’s still reasonable. Because the price of cooking oil now follows the market economic price,” said Oke Nurwan to MNC Portal, Monday (21/3/2022).
“I estimate the fair price is at Rp 19,000-25,000 per liter, from bulk to premium. For example, if there is a sale on the market above that, the risk will not be bought by the public,” he continued.
Okay, explaining that the economic price is the combined cost of buying crude palm oil/CPO, production costs, and brands are no exception. Thus, the price of cooking oil in the market will be different from one another.
