Bottled Cooking Oil Prices Fall, Boost Cooking Oil Export and CPO – Tribunjambi.com
TRIBUNJAMBI.COM, JAKARTA – President Joko Widodos decision to stop export tap cooking oil and its raw materials Crude Palm Oil (CPO) starting to show a positive impact.
Tribun Network monitoring at a number of modern retail outlets in DKI Jakarta and surrounding areas, the price of packaged cooking oil has decreased.
Down prices. Valid for all members, as written on a special shelf for cooking oil.
Fortune brand packaged cooking oil is priced at IDR 23,700 per liter or down from the previous Rp24 thousand per liter.
Likewise, the purchase of two liters of cooking oil from the previous Rp48,500 down to Rp. 45,500.
Fortune cooking oil refill is priced at IDR 273,000 per ton from IDR 287,400.
Other cooking oil brands like Tropical, Sania, Filma too experienced significant price reductions in modern retail.
It is known that President Joko Widodo has implemented a moratorium or issued a cooking oil export ban policy starting Thursday, April 28, 2022.
Jokowi said he made the decision after holding a meeting with the ministers on Friday (22/4/2022).
In the meeting I decided to ban the export of cooking oil raw materials and cooking oil starting Thursday 28 April 2022 until the deadline determined, said Jokowi in a video caption that was broadcast on Presidential Secretariat Youtube.
