VIDEO: HET Removed, Suddenly Stocks Of Cooking Oil Of Various Brands Abound

JAKARTA - This is the atmosphere at one of the wholesale centers in the Cipinang area, East Jakarta, Thursday (17/3). Seen a number of residents came to buy basic needs, one of which is cooking oil. However, nowadays people's purchasing power of packaged cooking oil is starting to decline. This is because the government has revoked the policy on the highest retail price or HET for cooking oil. Now packaged cooking oil is being sold at a price of IDR 48 thousand per two liters. Previously, the price of packaged cooking oil at the highest retail price was sold at Rp. 28 thousand per two liters. The wholesaler said the lifting of the policy on the highest retail price made many people disappointed. With the return of skyrocketing cooking oil prices, residents objected. Watch the video below.