Jakarta (ANTARA) - Subholding PT Perkebunan Nusantara (PTPN) III\n(Persero), PTPN IV PalmCo, ensures that the rakyat Minyakita cooking oil\nprice at distributor level remains below the government\u2019s Harga Eceran\nTertinggi (HET) to stabilise prices during Ramadan up to just before\nIdul Fitri 1447 H.<\/p>\n
Chief Executive Officer Jatmiko K. Santosa of PTPN IV PalmCo said the\ngroup\u2019s subsidiary, PT Industri Nabati Lestari (INL), sells Minyakita to\ndistributors at around Rp13,439 per litre.<\/p>\n
\u201cAs a state-owned enterprise operating in the palm oil industry, we\nhave a responsibility to ensure that the public can observe fasting\nthrough Idul Fitri without bearing a surge in cooking oil prices,\u201d\nJatmiko said in Jakarta on Sunday.<\/p>\n
He added that the measure follows government instructions to maintain\nthe stability of rakyat cooking oil prices in the market.<\/p>\n
Jatmiko explained that the price of Rp13,439 per litre is the price\nfor sale to distributor partners on a business-to-business (B2B) basis,\nnot the direct consumer price at the market.<\/p>\n
According to him, the margin given to distributors is expected to\nkeep cooking oil prices in line with the government\u2019s HET of Rp15,700\nper litre when it reaches consumers.<\/p>\n
\u201cIn response to the firmness of the Minister of Agriculture, we\nconsistently implement rational selling prices upstream to break the\nchain of price anomalies,\u201d he said.<\/p>\n
Earlier, Minister of Agriculture Andi Amran Sulaiman highlighted\nanomalies in domestic cooking oil prices after finding Minyakita sold\nabove the HET during a sudden inspection at Kebayoran Market in\nJakarta.<\/p>\n
Amran stressed that rakyat cooking oil must not be expensive,\nconsidering Indonesia is the world\u2019s largest palm oil producer.<\/p>\n
BPS data also show that Indonesia\u2019s export value of crude palm oil\n(CPO) and its derivatives during January\u2013December 2025 reached around\nUSD 24.42 billion, up 21.83 percent from the previous year.<\/p>\n
In addition to price stability, PalmCo is increasing production\ncapacity to ensure cooking oil supply remains available during peak\nRamadan consumption up to Eid al-Fitr.<\/p>\n
The company\u2019s CPO production is targeted to rise by more than 10.5\npercent to around 225,940 tonnes in April 2026, while INL\u2019s retail\ncooking oil production is projected to reach around 4.2 million litres\nin March and rise to more than 4.55 million litres in April.<\/p>\n
\u201cAll our factory production capacity is currently fully focused on\nMinyakita, even if it means temporarily delaying production of several\ninternal commercial brands,\u201d Jatmiko said.<\/p>\n
This step is expected to maintain rakyat cooking oil availability in\nthe market while ensuring prices remain affordable for the public during\nRamadan up to Idul Fitri.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/ptpn-palmco-keeps-minyakita-prices-aligned-with-het-ahead-of-idul-fitri-1772997338", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }