Palm oil prices in West Kalimantan rose 5.08% this week.

Economics & Macro

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Agus Dwi Darmawan 27/04/2024 15:45 WIB

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Palm oil prices in West Kalimantan rose 5.08% this week.

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Cooking oil prices in West Kalimantan reached Rp 18,600 per kg on Friday, April 26, 2024. This represents the highest weekly price increase compared to other regions.

According to daily commodity price data from the National Strategic Food Price Information Center, cooking oil prices in West Kalimantan increased by 5.08% over the past week.

Compared to prices 30 days prior, however, prices in the region are still lower by -0.27%.

Despite this, over the past year, cooking oil prices in West Kalimantan's modern markets have actually decreased. The previous highest price reached Rp 22,050 per kg.

From January to April 2024, cooking oil prices in modern markets showed a downward trend, decreasing by -0.27% compared to the previous month.

Cooking oil prices reached a low of Rp 17,700 per kg on Wednesday, April 17, 2024, and a high of Rp 19,350 per kg this year.

Nationally, cooking oil prices began to fall towards the end of 2021. The average price in modern markets is Rp 21,520.59 per kg, down 0.48% compared to the previous weekend.

"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."