/data/photo/2022/03/17/6233115c9e29a.jpg "Update on Cooking Oil Prices at Alfamart and Indomaret All pages")
KOMPAS.com – The problem of cooking oil in the country is one after another. After a brief shortage, now cooking oil stocks are suddenly abundant after the government revoked the policy on the highest retail price (HET).
The abundant supply of cooking oil was observed in Tasikmalaya, West Java.
Various brands of packaged cooking oil have also been observed to have returned to display at a supermarket in Tasikmalaya since Wednesday (16/3/2022) morning.
In addition, on various social media, uploads about cooking oil on supermarket shelves which were again available after the HET policy was revoked were also widely shared by netizens.
Also read: Why Cooking Oil Stocks Abound After Prices Are No Longer Restricted?
So, how much cooking oil price after HET is revoked?
Following update information on cooking oil prices for various brands at Alfamart and Indomaret, Saturday (19/3/2022):
Update price of cooking oil in Alfamart
cooking oil price 1 liter packaging at Alfamart, as checked from the Alfagift application, namely:
- Sania cooking oil: IDR 24,900
- Alfamart cooking oil: IDR 20,500
- Bottled tropical cooking oil: IDR 24,900 Bimoli cooking oil: IDR 21,500
- Tropical poch cooking oil: IDR 20,000
The prices for 2 liter packaged cooking oil at Alfamart are:
- Fortune cooking oil: IDR 49,500
- Tropical cooking oil: IDR 49,200
- Alfamart cooking oil: IDR 40,900
- Sania cooking oil: IDR 49,600
- Sunco cooking oil: IDR 49,500
- Filma cooking oil: IDR 51,300
- Solvia cooking oil: IDR 49,300
- Bimoli cooking oil: IDR 41,900.
Also read: When the Minister of Trade apologizes for not being able to control the price of cooking oil…
Update cooking oil prices in Indomaret
Meanwhile, the price of cooking oil at retail Indomaret which is checked through Klik Indomaret ranges from Rp. 20,000-Rp. 25,000 per liter.
Here’s more cooking oil price list packaging per 1 liter at Indomaret:
- Pomegranate cooking oil: IDR 23,900
- Amanda’s cooking oil: IDR 20,000
- Tropical cooking oil: IDR 26,100
As for the 2 liter packaged cooking oil at Indomaret, namely:
- Indomaret cooking oil: Rp 46,200
- Tropical cooking oil Rp 51,700
Also read: Cooking Oil is Still Rare and Expensive, What Causes It?
Analysis of cooking oil stocks that are suddenly abundant
Meanwhile, economic observer from the Institute for Development of Economics and Finance (INDEF) Nailul Huda assessed that the cause of the full cooking oil shelves at the supermarket was because of the held stock.
According to him, the stock holding is carried out by wholesalers and producers.
“They deliberately did a ‘hold’ of cooking oil to make the price of oil much higher compared to HET,” Nailul told Kompas.comFriday (18/3/2022).
According to Nailul, the price of oil in some areas has touched Rp. 20,000, even when there is a HET.
“This price is the basis for wholesalers and producers to increase prices unreasonably when the HET policy is lifted,” he said again.
When asked about the possibility that the normal price of cooking oil will range from Rp. 11,000 to Rp. 14,000, according to him, it depends on global CPO prices.
“If I think global CPO prices will decline to this level for sure. This is because the inflation caused is cost inflation,” he said.
Also read: List of Non-subsidized Fuel Prices Starting February 12 and the Reasons Behind The Rise…
Infographic: The Origins of Cooking Oil
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