Cooking Oil Prices in North Kalimantan Increased by 5.66% in a Week

Cooking oil prices in North Kalimantan reached Rp 22,400 per kg on Friday, May 13, 2022. Compared to other regions, this area saw the highest price increase in the past week.

According to daily commodity price monitoring data from the National Strategic Food Price Information Center, cooking oil prices in North Kalimantan rose 5.66% within a week.

Meanwhile, compared to prices 30 days prior, cooking oil prices in this region have increased by 15.46%. This signifies a significant surge within a month. In fact, compared to the last year's prices, the current selling price of cooking oil in North Kalimantan's modern markets is the highest on record.

For the January-May 2022 period, cooking oil prices in modern markets continued to rise, increasing by 15.46% compared to the previous month.

Cooking oil prices reached their lowest point at Rp 17,400 per kg on Monday, January 3, 2022. The highest price this year reached approximately Rp 22,400 per kg.

Nationally, cooking oil prices began to decline towards the end of 2021. The average price of cooking oil in modern markets was Rp 24,775 per kg, down 3.29% compared to the previous weekend.