Cooking Oil
Cut-Price Strategy
Cooking oil prices are suffocating. A rise in the export charge on CPO will be implemented if prices do not drop quickly.
June 19, 2007
THE naïve question was voiced by students from the Lab School Kindergarten, Jakarta, during a dialog with Vice President Jusuf Kalla, on Tuesday morning last week.
“My granny asks why cooking oil is so expensive now? There are lots of oil palm trees in Indonesia, aren’t there?” asked Jenna sincerely.
“This is because throughout the world oil palm is currently expensive,” explained Kalla. “The government is trying to bring prices d
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