No Increase Yet: Minyakita's HET Remains at Rp15,700, Trade Minister Explains
Bogor, CNBC Indonesia - The government has confirmed that the Highest Retail Price (HET) for the people’s cooking oil brand Minyakita has not been increased. Despite a previous agreement to adjust the price, the HET for Minyakita remains at Rp15,700 per litre for now.
Trade Minister Budi Santoso emphasised that no decision to raise the price has been made because several conditions forming the basis for the adjustment have not been fulfilled, including the stability of crude palm oil (CPO) prices.
“Regarding cooking oil, Minyakita… I want to convey that until now there has been no increase in the highest retail price (HET) for Minyakita cooking oil,” Budi said when met at the IPB Campus in Bogor on Friday (12/6/2026). “So, the HET for Minyakita is still Rp15,700 (per litre).”
This statement signals that the government’s previously discussed plan to raise the HET will not be realised in the near future. When asked whether the planned increase had been cancelled, Budi stressed that the price is being maintained for now. “It hasn’t gone up, the HET for Minyakita is still Rp15,700, because previously the condition (for it to rise) was if the CPO price was stable (or no longer fluctuating), so that conditions would allow for an increase,” he explained.
However, according to him, that condition has not yet been met. “But until now, it hasn’t gone up. So the HET for Minyakita is still Rp15,700 (per litre),” he said. When pressed further on whether the increase was cancelled or merely postponed, Budi did not give a definitive answer, only reiterating that there has been no increase to date. “There are conditions. So until now there is no increase,” he stated.
When asked if CPO prices are still fluctuating, Budi responded, “The principle is that until now the HET hasn’t gone up. There were conditions yesterday (for the HET to be raised).” He added, “The point is, until now it hasn’t, or it won’t go up. We’ll see first, but we are currently thinking that this will not increase.”
As a solution to maintain the supply and availability of cooking oil for the public, the government is now focusing on strengthening the distribution of Minyakita to traditional markets through state-owned food enterprises. “We actually want to increase the distribution of Minyakita to people’s markets through state-owned food enterprises, such as Bulog and ID Food,” Budi said.
Furthermore, the government will change the scheme for distributing cooking oil for food aid programmes. While some Minyakita supply was previously used for aid, the programme will use other brands in the future. “So, if previously some was used for food aid, then the cooking oil aid will not use Minyakita, but can use other brands. We will coordinate this with the producers,” he explained.
At the same time, the government is also asking producers to increase the production of second-brand cooking oils, or companion brands to Minyakita, to give the public more choices. “We are also asking producers to produce more second-brand cooking oil. These are companion brands to Minyakita. And actually, there are already many in traditional markets now,” Budi said. According to him, these second-brand cooking oils are now increasingly easy to find in traditional markets, providing an alternative for consumers. “So, it’s not just Minyakita, but second-brand cooking oils are also widely available. So, they are easy to obtain,” he stated.
Earlier in June, the government had announced an agreement to raise the HET of Minyakita following an inter-ministerial and agency meeting. However, the determination of the increase amount and its implementation timing was pending the development of CPO prices, which were still considered to be moving in a volatile manner. At that time, Budi explained that the government wanted to ensure the price of the raw material for cooking oil was more stable before deciding on the Minyakita price adjustment. For this reason, the HET for Minyakita remains at the old price of Rp15,700 per litre.