JAKARTA - The Minister of Trade (Mendag) Zulkifli Hasan gave a signal that the highest retail price (HET) of simple packaged cooking oil, Oilita will soon rise in the near future.
The man who is familiarly called Zulhas said that the increase in the HET of Oilita will be discussed in a meeting that will be held after Eid al-Adha or 17 June.
"Yes, wait for the meeting. I will propose it at the meeting. Hopefully it will run out of Eid al-Fitr, after Eid al-Adha," he said at the DPR Building, Parliament Complex, Jakarta, Thursday, June 13.
For your information, news of the increase in the HET of Oilita has been sticking out since the end of 2023.
Initially, this HET increase would be determined after the General Election in February 2024. However, until now the increase has not been realized.
Previously, it was reported that Trade Minister Zulkifli Hasan revealed that his party would propose an increase in the highest retail price (HET) of Oilita by Rp. 1,500 per liter in a meeting with the Coordinating Ministry for Economic Affairs.
Zulhas said that with the proposed increase, in the future, Oilita will be priced at IDR 15,500 per liter.
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Meanwhile, the price of Oilita is priced at IDR 14,000 per liter. This price has survived since it was first set in 2022.
"If there is a meeting at the Coordinating Minister, there will be an invitation later, I will propose it. I will propose Rp. 1,500 per liter. The proposal is Rp. 15,500, the proposal," he told reporters, in Jakarta, Tuesday, May 28.
According to Zulhas, it is time for the HET of Oilita to be revised and raised. Given, that the price is no longer in accordance with the production price.
"It's time to go up," he said.
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