JAKARTA - President Joko Widodo (Jokowi) announced that Indonesia would again open the tap for cooking oil exports next week.
"I have decided that cooking oil exports will reopen on Monday, May 23," Jokowi said as shown on the Presidential Secretariat's YouTube, Thursday, May 19.
Jokowi said this decision was taken by prioritizing several considerations. The first is the increasing supply of cooking oil to meet domestic needs.
"Based on my direct checks in the field and the reports I received, thank God, the supply of cooking oil continues to grow," said Jokowi.
"The national demand for bulk cooking oil is approximately 194 thousand tons per month and before the export ban our supply only reached 64.5 thousand tons, but after the export ban in April, our supply reached 211 thousand tons per month, exceeding the national demand. our monthly," added Jokowi.
The second reason is the decline in the national average price of cooking oil. "In April, before the export ban, the national average price of bulk cooking oil was around Rp. 19,800 and after the ban, the national average price was Rp. 17,200 to Rp. 17,600," Jokowi explained.
Then, the government also considers the condition of 17 million workers in the palm oil industry. Thus, the government decided to lift the export ban that had previously been enforced.
However, strict supervision will continue to be carried out so that domestic supplies are still met.
"Even though exports are opened, the government will monitor and monitor closely to ensure supplies are still met at affordable prices," he said.
"And on this occasion I also want to thank the oil palm farmers for their understanding and support for government policies taken for the benefit of the wider community," concluded Jokowi.
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