- In an effort to ensure the availability and price stability of public cooking oil, the Directorate-General of Domestic Trade at the Ministry of Trade ("Ministry") has issued Circular No. 03 of 2023 on Guidelines for the Sale of Public Cooking Oil ("Circular 3/2023"). Through the issuance of Circular 3/2023, the government has now prohibited the bundled sale of public cooking oil and has set a maximum retail price for cooking oil of Rp. 14,000 per liter and Rp. 15,500 per kg for bulk oil.
- According to the Acting Director-General for Domestic Trade, Kasan, the Ministry is working to ensure the availability of cooking oil ahead of the Ramadan fasting month and subsequent Eid holiday through the maintenance of price stability and the prevention of any price spikes. In this regard, the guidelines that have been set by the Ministry for the sale of public cooking oil apply to producers, distributors and retailers.
- In essence, Circular 3/2023 addresses the following three specific points: 1) Sales of public cooking oil must comply with the domestic price obligation and maximum retail price; 2) Public cooking oil is prohibited from being sold through bundling mechanisms that involve other products; 3) Retailers may sell public cooking oil to consumers at a maximum rate of 10 kg per person per day (for bulk cooking oil) and 2 liters per person per day (for MINYAKITA packaged cooking oil).
- Online sales of public cooking oil, including MINYAKITA, have been temporarily suspended by the Ministry. Currently, sales of public cooking oil are prioritizing the public market in order to ensure an even distribution of this staple product among middle- and lower-income communities and to ensure that public cooking oil can be easily purchased at affordable prices.
- For more on this story, see Hukumonline.com: “Kemendag Keluarkan Pedoman Penjualan Minyak Goreng Rakyat”.
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