Ministry of Commerce abolishes ban on bulk cooking oil

TEMPO.CO, JakartaThe Ministry of Commerce has decided to lift the ban on the distribution of bulk cooking oil, which was due to go into effect on January 1, 2022. This means that sales of cooking oil can be made both in bulk and in packaging.

The Director General of the Ministry of Internal Trade, Oke Nurwan, explained that the policy was developed taking into account the persistent COVID-19 pandemic which has forced many actors in micro, small and medium enterprises (MSMEs) to reduce their production due to low purchasing power.

“This aims to facilitate and provide business players in MSMEs with opportunities to run their business, in particular by obtaining cooking oil at affordable prices, and to encourage them to continue production during the COVID-19 pandemic. Oke said at a press conference on Friday December. ten.

The government has recorded that the need for bulk cooking oil for industry players, including MSMEs, has reached 1.6 million tonnes. Meanwhile, the household sector needs 2.12 million tons of cooking oil. The national demand for this product amounts to five million tons per year.

Based on government monitoring, the national average price of bulk cooking oil is currently Rp 17,600 per liter, while packaged cooking oil has climbed to over Rp 19,000 per liter.

Read: Ministry of Commerce to ban bulk cooking oil distribution in 2022

CAESAR AKBAR


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Felix J. Dixon