Cooking Oil Prices in East Java Increased by 11.94% in a Week

Viva Budy Kusnandar 23/02/2022 16:43 WIB

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(Read: Global Oil Prices Rise to US$93.91 per Barrel (Wednesday, February 23, 2022)) Nationally, the price of bulk cooking oil began to rise towards the end of 2021.

Cooking Oil Price Trends in East Java Over the Past Three Months (Tuesday, February 22, 2022)

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Cooking Oil Price Trends in East Java Over the Past Three Months (Tuesday, February 22, 2022)

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The price of bulk cooking oil in East Java was sold at Rp 15,000 per kg on Tuesday, February 22, 2022. Compared to other regions, the price change in this region was the highest in the last week.

According to daily monitoring of staple food commodity data from the National Strategic Food Price Information Center, the price of bulk cooking oil in East Java has increased by 11.94% in a week.

Meanwhile, compared to the previous 30 days, the price of bulk cooking oil in this region is still lower by -18.92%.

However, for the last year's data range, the selling price of bulk cooking oil in modern markets in East Java has actually decreased. The previous highest record reached Rp 18,500 per kg.

For the period January-February 2022, the price of bulk cooking oil in modern markets showed a downward trend, moving -18.92% compared to the previous month.

The price of bulk cooking oil reached its lowest point of Rp 13,000 per kg on Wednesday, February 2, 2022. The highest price ever reached was around Rp 18,500 per kg.

Nationally, the price of bulk cooking oil began to rise towards the end of 2021. The average price of bulk cooking oil in modern markets was sold at Rp 16,330 per kg, up 4.29% compared to the end of last week.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."