{
    "success": true,
    "data": {
        "id": 1682292,
        "msgid": "despite-secure-stock-trade-minister-admits-slight-rise-in-minyakita-prices-due-to-plastic-price-surge-1776351078",
        "date": "2026-04-16 21:00:00",
        "title": "Despite Secure Stock, Trade Minister Admits Slight Rise in Minyakita Prices Due to Plastic Price Surge",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Trade",
        "summary": "Indonesia's Trade Minister Budi Santoso has acknowledged a minor increase in the price of Minyakita cooking oil, attributed to rising plastic packaging costs influenced by the Iran-US-Israel conflict, though he assured that supplies remain ample with no shortages in the market. He emphasised that perceptions of general cooking oil scarcity are misguided, as other brands and premium options are widely available, and the ministry will continue monitoring distribution to ensure consumer needs are met. Additionally, proposals to raise the Domestic Market Obligation quota for Minyakita to 65% are feasible, exceeding the current minimum of 35% set by regulations.",
        "content": "<p>Jakarta \u2013 Trade Minister Budi Santoso has emphasised that, although\nthere is a slight price increase for Minyakita due to the rise in\nplastic prices, there is no shortage of stock in the market.<\/p>\n<p>\u201cYes, there is (a price) slight increase. Because, of course, it\u2019s\nthe impact on them (Minyakita) as all their packaging is plastic. But\nthere is no such thing as a shortage,\u201d said Budi in Jakarta on Thursday,\n16 April 2026.<\/p>\n<p>Previously reported, the price of Minyakita in several regions as of\nApril 2026 was observed to be in the range of Rp 15,800-Rp 15,900 per\nlitre, or slightly above the Highest Retail Price (HET) set by the\ngovernment at Rp 15,700 per litre.<\/p>\n<p>This increase is caused by challenges in the production costs of\nplastic packaging and distribution, which is one of the impacts of the\nIran-US-Israel war.<\/p>\n<p>Budi assessed that the current issue is the emergence of the\nperception that a price increase or reduced stock of Minyakita\nautomatically means a general shortage of cooking oil. Minyakita is even\nconsidered the sole indicator of the ups and downs of cooking oil\nprices, both for premium types and bulk.<\/p>\n<p>\u201cI went to modern retail yesterday, cooking oil is plentiful. So\nthere is no such thing as cooking oil being scarce. Because people don\u2019t\nlook at the cooking oil itself, what they look at is Minyakita,\u201d said\nthe Trade Minister.<\/p>\n<p>\u201cIt seems that if Minyakita is expensive, people say cooking oil is\nexpensive. If Minyakita is not available, (they say) it\u2019s scarce, even\nthough, of course, there is plenty. There is second-brand oil. We ask\nproducers to make second-brand oil. Then there is also premium oil,\u201d he\nadded.<\/p>\n<p>Budi also assured that the Ministry of Trade will continue to conduct\ndirect monitoring in traditional markets and modern retail to ensure\nthat the distribution of cooking oil runs normally and the needs of the\ncommunity remain fulfilled.<\/p>\n<p>In addition, he mentioned that the proposal to increase the Domestic\nMarket Obligation (DMO) quota for Minyakita to 65% is still possible, as\nsome producers have often contributed more than 35%.<\/p>\n<p>Based on the provisions of Minister of Trade Regulation (Permendag)\nNumber 43 of 2025, the minimum obligation for Minyakita distribution by\nstate-owned food companies is currently 35%. This means that increasing\nthe quota above that figure is still possible.<\/p>\n<p>\u201cI just called the President Director of Bulog, called the President\nDirector of RNI. So in the Permendag, it\u2019s a minimum of 35%. Minimum,\nthose who want 65%, 70%, that\u2019s no problem,\u201d he said. (Ant).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/despite-secure-stock-trade-minister-admits-slight-rise-in-minyakita-prices-due-to-plastic-price-surge-1776351078",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}