PALMOILMAGAZINE, BEKASI — Trade Minister Budi Santoso conducted an on-site inspection of cooking oil production at PT Mikie Oleo Nabati Industri (MONI) in Bekasi, West Java, on Thursday (Feb 5, 2026), to ensure sufficient supply and price stability ahead of the National Religious Holidays (HBKN) of Ramadan and Idulfitri 2026.
During the visit, Santoso—widely known as Busan—reaffirmed the government’s commitment to safeguarding the availability of cooking oil while keeping consumer prices under control. Based on the inspection, he said production is running smoothly and inventories are considered adequate to meet public demand throughout the holiday period.
“We have checked the production process and stock levels at PT MONI. In principle, cooking oil supply is sufficient to meet demand ahead of Ramadan and Idulfitri. The government is also ensuring prices remain stable,” Santoso said, as quoted by Palmoilmagazine.com from the Ministry of Trade on Friday (Feb 6).
Beyond supply assurance, the minister encouraged consumers to take advantage of the wide range of cooking oil products available on the market, including premium and second-brand options, rather than relying solely on MINYAKITA. He noted that the diversity of brands and product types offers consumers greater flexibility to choose according to their needs and purchasing power.
“There are many types and brands of cooking oil in the market. The quality is equally good and prices are affordable. Consumers do not need to focus only on MINYAKITA,” he said. “We have also encouraged producers to manufacture cooking oil with specifications comparable to MINYAKITA and to expand the circulation of other affordable products.”
Santoso further explained that MINYAKITA serves as a market intervention instrument implemented through the Domestic Market Obligation (DMO) scheme. The policy is designed to secure domestic supply and stabilize prices, particularly when global crude palm oil (CPO) prices rise. He emphasized that MINYAKITA is not a subsidized product, as it is sourced from DMO allocations and sold at a government-set retail price ceiling.
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“MINYAKITA is often used as a benchmark for price stability. When its price increases, there is a perception that all cooking oil prices are rising,” he said. “In fact, DMO supply depends on export volumes. When exports decline, it does not mean cooking oil is unavailable, because there are still many alternatives in the market.”
Meanwhile, PT MONI President Director Vimala Putra said demand for the company’s premium cooking oil products remains strong and is broadly comparable to demand for MINYAKITA, reflecting growing consumer awareness of product quality.
“Consumer demand is relatively similar, because they can feel the benefits of using premium cooking oil,” Vimala said.
PT Mikie Oleo Nabati Industri produces a range of cooking oil products, including premium brands such as Sunco, second-brand MG Jaya, and MINYAKITA, catering to different market segments across Indonesia. (P3)
