Ministry of Domestic Trade: Subsidized Cooking Oil Supply Will Stabilize Soon

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The supply shortage of subsidized cooking oil packets is expected to stabilize soon. – File photo by Ahmad Zamzahuri

Saturday Jul 02, 2022 2:47 PM MYT

ALOR SETAR, July 2 — Shortage of supply of subsidized cooking oil sachets is expected to stabilize soon after supplier companies complete packaging and distribution work.

Azman Adam, director of law enforcement at the Ministry of Domestic Trade and Consumer Affairs (KPDNHEP), said that every month the government distributes a quota of 60,000 metric tons of subsidized cooking oil to manufacturers before it is distributed to suppliers and packaging companies.

“Usually it will be on the first and second day of the month, (so) only then will they start the packing process. It will take about a day or two.

“The subsidized cooking oil is sold at a very low price of RM2.50 per pack, which is why it is in high demand among consumers,” he told reporters here today.

Earlier, he inspected the implementation of the maximum price for chicken and eggs in Pasar Besar Alor Setar here, also in the presence of the Ministry’s Secretary General, Datuk Azman Mohd Yusof.

Meanwhile, Azman said there was no reason for traders to sell chicken above the ceiling price of RM9.40 set by the government, especially in rural areas.

“The question of the difference in the sale price of chicken in urban and rural areas should not arise because the price mechanism used by the government has taken into account the sufficient profit margin for each level.

“If there is a price difference, especially in rural areas, please file a report with the ministry. Provide complete information, including price and location, so we can take immediate action,” he said.

He added that a total of 1,873 premises selling chicken, eggs and cooking oil were inspected yesterday, but there were no cases of the sale of controlled items beyond the ceiling price. — Bernama

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