It turns out that the price of coconut cooking oil in Indonesia has also fallen

Published 2022년 4월 26일

Tridge summary

Since the implementation of President Joko Widodo's ban on cooking oil exports and export of related raw materials, the prices of cooking oil, both palm and coconut, have seen a decrease in several locations. This was observed at Alfamart and Indomaret stores in Ciomas, with various brands experiencing price drops. The price reduction is noted to be ongoing, with specific examples given for different brands and stores.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - The price of cooking oil has been observed to fall in several locations. Not only palm cooking oil, but also coconut cooking oil. This trend coincides with several days since President Joko Widodo banned the export of cooking oil and cooking oil raw materials. As seen from CNBC Indonesia's monitoring at Alfamart in the Ciomas area, the price of Barco's brand of coconut cooking oil, which was previously higher than palm cooking oil, also dropped in price. "Barco brand cooking oil from IDR 36,300 to IDR 34,300 for 1 liter packages, until April 30," the store clerk told CNBC Indonesia, Tuesday (26/4/22). Meanwhile, other brands, namely Tropical 2 liter bottles and refills, are priced at IDR 50,700. Then the Sunco 2 liter refill pack is priced at IDR 52,500. Then Filma 2 liters for IDR 51,700. "For Bimoli, 5 liter jerry cans at Alfamart are not included," said the employee. Switching to Indomaret near Alfamart, ...

Source: Cnbcindonesia