PUTRAJAYA, July 7 — The Jihad Against Inflation Special Task Force has instructed agencies involved to find a mechanism to reduce the retail price of cooking oil following the decline in crude palm oil prices.
“It is not fair to raise prices on the grounds that oil prices were increasing recently but when prices fall, the retail price did not drop,” he told a press conference after chairing the task force meeting here today. Meanwhile, he also urged cooking oil manufacturers to comply fully with all the conditions imposed by the Ministry of Domestic Trade and Consumer Affairs to prevent the leakage of cooking oil supplies.
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