Why Indonesia, largest producer of palm oil, has cooking oil crisis
Published : 19-04-2022 - Duration : 00:03:49 - Like : 83 - Dislike : 0
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For four months, the cooking oil prices in Indonesia have remained high although Indonesia is known as the world’s largest producer and exporter of palm oil. The government has set the price of non-packaged cooking oil at Rp 14,000 (97 US cents) per liter, nationwide. Meanwhile, the retail price of cooking oil has climbed to Rp 24,000 ($1,67) per liter on April 19, 2022. Coordinating Economic Affairs Minister Airlangga Hartarto said in an interview with The Jakarta Post that the increasing
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