Video: Bulog Ensures Minyakita Stock and Prices Remain Stable Ahead of Eid

Jakarta, CNBC Indonesia - Perum Bulog has distributed 35% of Minyakita to stabilise prices in the market. This distribution is part of the government’s policy to fulfil the domestic market obligation (DMO) for cooking oil. Bulog’s President Director, Achmad Rizal Ramdani, stated that in distributing Minyakita to meet this obligation, Bulog received a 70% allocation and has already distributed more than 35%. Rizal explained that three state-owned enterprises receive Minyakita supplies from the DMO policy: Perum Bulog, PT Agrinas Palma Nusantara (Persero), and ID Food. Rizal assured that with the ongoing intensified distribution, cooking oil prices will remain controlled and in accordance with the government-set highest retail price (HET) and highest purchase price (HAP).