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List of Five Tycoons Ruling Cooking Oil Business in Indonesia

TRIBUNNEWS.COM, JAKARTA – Price cooking oil In recent times, people have complained about its role as a basic need (expensive cooking oil).

The increase does not only occur in cooking oil packaging, but also occurs in cooking oil bulk which is usually sold in clear plastic packaging in the market.

As is known, the government through the Ministry of Trade has actually set the highest retail price (HET). cooking oil simple packaging of Rp. 11,000 liters.

But the facts on the ground, the price cooking oil already far exceeds HET. In some markets, prices cooking oil already above IDR 18,000 per liter.

The pretext of rising prices cooking oil from producers, namely due to the increase in CPO prices in the global market.

Oil palm plantations in Indonesia are so far concentrated in Kalimantan and Sumatra.

Several other large oil palm plantations are located in Sulawesi and are now slowly starting to penetrate Papua.

After overtaking Malaysia a few years ago, Indonesia itself is now listed as the largest producer of palm oil or CPO in the world.

No wonder, a lot oil palm plantation owner and manufacturers cooking oil are entrepreneurs who are included in the list of the richest people in Indonesia.

Besides having palm oil mill themselves, they also own oil palm plantations of up to tens of thousands of hectares, even hundreds of thousands of hectares.

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