{
    "success": true,
    "data": {
        "id": 1681770,
        "msgid": "trade-minister-denies-cooking-oil-shortage-1776340250",
        "date": "2026-04-16 17:57:28",
        "title": "Trade Minister Denies Cooking Oil Shortage",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Trade",
        "summary": "Indonesia's Trade Minister Budi Santoso has denied claims of a cooking oil shortage, stating that supplies of the subsidised Minyakita brand are available alongside commercial alternatives, despite limited distribution due to domestic market obligations for palm oil producers. He acknowledged a slight price increase to Rp15,974 per litre for Minyakita, attributed to a plastic packaging crisis, with similar rises in premium and bulk oils. This reassurance aims to calm public concerns amid fluctuating commodity prices, highlighting the government's role in facilitating supply chains.",
        "content": "<p>Trade Minister Budi Santoso stated that the limited supply of\nMinyakita in the market does not indicate a shortage of cooking oil. \u201cI\nwent to a modern retailer yesterday, and there was plenty of cooking\noil. So, there is no such thing as a cooking oil shortage,\u201d Budi said at\nJIEXpo Kemayoran, Jakarta, on Thursday, 16 April 2026.<\/p>\n<p>He explained that the supply of Minyakita is more limited compared to\ncommercial cooking oil. This is because the affordable cooking oil is a\nresult of fulfilling domestic market obligations (DMO) by palm oil\nentrepreneurs.<\/p>\n<p>Budi noted that the market still has second-brand and premium cooking\noils as alternatives to Minyakita. \u201cPeople say cooking oil is expensive,\nour oil is not there, it\u2019s scarce. But actually, there is plenty. There\nis second-brand oil,\u201d he said.<\/p>\n<p>Regarding the Minyakita supply, Budi contacted ID Food CEO Ghimoyo\nabout producers\u2019 obligations to distribute at least 35 percent of their\noil for Minyakita. He said the Ministry of Trade would facilitate\nbusiness-to-business (B2B) arrangements if there are plans to increase\nthe Minyakita supply to 65-70 percent. \u201cThere are many private\ndistributors operating as well. So, everything runs together without\nissues,\u201d said the PAN politician.<\/p>\n<p>Although he stated there is no supply shortage, Budi acknowledged\nthat current cooking oil prices have risen due to a plastic packaging\ncrisis.<\/p>\n<p>Data from the Ministry of Trade records that the current price of\nMinyakita is at Rp15,974 per litre, up 0.03 percent from 15 April 2026.\nPrice increases also occurred for premium cooking oil, now at Rp21,706\nper litre, up 0.06 percent daily.<\/p>\n<p>The same applies to the price of bulk cooking oil, now at Rp19,437\nper litre, up 0.18 percent from yesterday.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/trade-minister-denies-cooking-oil-shortage-1776340250",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}