Central Java: President reviews cooking oil prices at Muntilan market

I was paid 100,000 Rp (6.75 USD), although the price (from the basket) was only 15,000 Rp (1.01 USD).

Jakarta (ANTARA) – President Joko Widodo (Jokowi) and First Lady Iriana Widodo reviewed the price of bulk cooking oil at Muntilan Market in Magelang District on Saturday on the sidelines of a visit work in the Central Java province.

“How much is (bulk cooking oil), ma’am?” the president asked one of the market traders, according to a press release issued Saturday by the Office of Press, Media and Information (BPMI) of the Presidential Secretariat.

“One liter (of cooking oil in bulk) costs Rp14,500 (US$0.98), while one kilogram (kg) costs Rp15,000 (US$1.01),” said the seller, Titin Suryani. .

At the market, the president and the first lady also bought several spices and vegetables, such as red peppers, onions, carrots, bitter melon and turmeric. Widodo also inquired about vegetable prices.

In addition, he bought crackers and a woven bamboo basket.

Related News: President Visits Cibinong Market to Monitor Cooking Oil Prices

According to the press release, the seller of the baskets, Almisih, said he was very happy that the president bought the crafts.

“I was paid Rp100,000 (US$6.75), although the (basket) price was only Rp15,000 (US$1.01),” the seller informed.

After inspecting the market and welcoming traders and visitors, the President and the First Lady distributed the assistance directly to the beneficiaries.

They were accompanied by Minister of Social Affairs Tri Rismaharini and Governor of Central Java, Ganjar Pranowo.

Previously, the price of canned cooking oil had spiked due to rising global palm oil prices.

In response, the government had set the price of bulk cooking oil at Rp 14,000 per liter or Rp 15,500 per kilogram (kg) on ​​March 17, 2022.

However, as stocks of the goods were deemed insufficient, the government banned the export of cooking oil and its raw materials on April 28.

Considering the recent trend in cooking oil prices and stocks as well as the welfare of the 17 million workers in the palm oil industry, the President announced on May 20 that the ban would be revoked on May 23.

Related News: Government ban on cooking oil export lifted due to stable supply and prices
Related News: Cooking oil exports to resume from May 23: Jokowi

Steve R. Hansen