Distribution Will Be Strictly Regulated

The Ministry of Trade regulates strict regulations for the supply and distribution of subsidized simple packaged cooking oil which funds the Palm Oil Plantation Fund Management Agency.
it is important to anticipate funds and sales of cooking oil above the highest retail price. The mechanism for providing subsidized cooking oil is regulated in the Minister of Trade Regulation (Permendag) Number 1 of 2022 concerning Provision of Simple Packaged Cooking Oil for Community Needs in the Financing Framework by the Palm Oil Plantation Fund Management Agency (BPDPKS). regulates the highest retail price (HET), the regulation signed on January 11, 2022 also regulates terms and sanctions for business actors who will be involved, as well as the formation of a supervisory team. In the regulation, the HET for subsidized simple packaged cooking oil is set at Rp. 14,000 per liter. The supply of cooking oil will last for six months and is intended for the community, including micro and small businesses. Business actors, in this case producers, packers, and distributors who will be involved in the supply and registration must register with the Ministry of Trade. After. and determined, they are required to enter into a financing agreement with BPDPKS. “Business actors who use the Oilita trademark are exempt from product standardization requirements. However, they have to get the cooking oil from producers whose cooking oil has been standardized," said the Director General of Domestic Trade at the Ministry of Trade, Oke Nurwan when contacted in Jakarta.

|•SOURCE•| Articles :KOMPAS | Image :ALINEA |

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