Stabilise Cooking Oil Prices Ahead of Eid, Bulog Releases Minyakita

Jakarta — State-owned enterprise Perum Bulog has distributed Minyakita (subsidised cooking oil) equal to 35 per cent of market supply to stabilise prices ahead of Eid celebrations. The distribution implements the government’s domestic market obligation (DMO) policy for cooking oil, established by government directive.

Bulog’s Chief Executive Officer, Achmad Rizal Ramdhani, stated that in fulfilling the DMO requirements, Bulog received the largest allocation compared to Agrinas Palma and ID Food, receiving 70 per cent of the distributed supplies.

He noted that in total, three state-owned enterprises receive Minyakita supplies under the DMO policy: Perum Bulog, PT Agrinas Palma Nusantara (State-Owned), and ID Food.

“The supplies are divided among three entities, not solely Bulog. So there is Bulog, ID Food, and Agrinas Palma. It so happens that Bulog received 70 per cent of that 35 per cent allocation,” he said when met at Bulog’s Jakarta headquarters on Tuesday, 17 March 2026.

The distribution is conducted pursuant to the Ministry of Trade Regulation (Permendag) No. 43 of 2025. The regulation requires cooking oil producers to channel 35 per cent of their DMO supplies to state-owned enterprises operating in the food sector.

“We have set the maximum retail price at 15,700 rupiah per litre, which we require all regional and branch leaders to push into their respective markets to ensure markets do not run empty,” he concluded.