Starting January 2022 Bulk Cooking Oil is Prohibited from Circulating, Here are the Government’s Reasons and Pros and Cons

TRIBUNNEWS.COM, JAKARTA — Circulation bulk cooking oil in traditional markets and other places will certainly disappear starting January 1, 2022.

The reason is that the government has begun to prohibit the circulation of bulk cooking oil on the market from New Year 2022.

Director General of Domestic Trade, Ministry of Trade Okay Nurwan said that the policy was taken to anticipate a price spike in cooking oil commodities.

“This bulk cooking oil depends on Crude Palm Oil (CPO), when CPO rises, bulk cooking oil also rises. That’s why the government has anticipated by not allowing bulk cooking oil to be circulated starting from January 1, 2022,” he said in an Indef discussion publicly. virtual, Wednesday (11/24/2021).

Also read: Government Asked to Find Alternatives to Bulk Cooking Oil at Affordable Prices

Meanwhile for packaged cooking oil, according to Oke, because it can be stored for a long time, the price is relatively under control.

It’s admitted Okay, currently the level of need bulk cooking oil very high. The Ministry of Trade noted the need for bulk cooking oil 5 million liters in a year. While the number of production reached 9.5 million.

“Indeed if we combine the needs bulk cooking oil For household and industrial needs, we still allow close to 67 percent to distribute it,” said Oke.

According to Okay, there are only 2 countries that are still circulating bulk cooking oil namely Bangladesh and Indonesia.

“So that later, when CPO rises, it will not have an immediate impact on prices because later packaged cooking oil will still be under control,” said Oke.

Preparing for Christmas and New Year

The post Starting January 2022 Bulk Cooking Oil is Prohibited from Circulating, Here are the Government’s Reasons and Pros and Cons appeared first on World Today News.

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