Indonesia Maintains Minyakita Cooking Oil Price, Focuses on Distribution
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- The Indonesian government has maintained the highest retail price for Minyakita cooking oil at Rp 15,700 per liter.
- The focus is on strengthening Minyakita's distribution, particularly through traditional markets, with state-owned enterprises like Bulog and ID Food involved.
- The government is also exploring alternative cooking oil brands for its food aid program and encouraging producers to increase output of "second brand" oils.
Indonesia's government is keeping the maximum retail price for its subsidized Minyakita cooking oil unchanged at Rp 15,700 per liter, according to Trade Minister Budi Santoso. He emphasized that the current focus is on bolstering the distribution of Minyakita, especially through traditional markets, to ensure easier public access.
Until now, there has been no increase in the retail price of Minyakita, it is still Rp 15,700 per liter.
To achieve this, the government is leveraging state-owned food enterprises, Perum Bulog and ID Food. Their involvement is expected to help maintain the availability and affordability of Minyakita across various regions. "We hope Minyakita will be more widely available in the market," Budi stated.
Furthermore, the government is shifting away from using Minyakita for its food aid program, opting for other brands instead. Minister Budi indicated that discussions with producers regarding the distribution of alternative cooking oil brands for the aid program are forthcoming. He also urged producers to ramp up production of "second brand" cooking oils.
We hope Minyakita will be more widely available in the market.
Santoso noted that these alternative brands already have a significant presence in traditional markets, offering consumers more affordable choices beyond Minyakita. "Even now, there are many [options] in the traditional markets, not just Minyakita. So, it is easy to get them," he added.
Even now, there are many [options] in the traditional markets, not just Minyakita. So, it is easy to get them.
Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.