Indonesia domestic cooking oil allocation to rise ahead of Ramadan - trade minister

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Indonesia domestic cooking oil allocation to rise ahead of Ramadan - trade minister
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JAKARTA : Indonesia's trade minister said on Monday that cooking oil producers must increase supply to the domestic market by 50 per cent for the next three months to meet rising demand ahead of Islamic religious festivities.Indonesia currently requires producers to sell 300,000 tonnes of cooking oil per

JAKARTA : Indonesia's trade minister said on Monday that cooking oil producers must increase supply to the domestic market by 50 per cent for the next three months to meet rising demand ahead of Islamic religious festivities.

"To meet the increasing demand of cooking oil ahead of Ramadan and Eid al-Fitr, government and cooking oil producers will expand the domestic market obligation programme to 450,000 tonnes per month from February to April 2023, a 50 per cent increase from the current allocation of 300,000 tonnes per month," Trade Minister Zulkifli Hasan said in a statement.

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