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Nanta: Industry players should reduce cooking oil prices

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KUALA LUMPUR: Malaysia's palm oil industry players should reduce the price of cooking oil in tandem with the drop in the price of crude palm oil.

Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi said that in principle, the price of cooking would change in accordance with the crude palm oil price as the world market price went up or down.

Earlier, he had attended a parade in conjunction with the 50th Anniversary celebration of the ministry’s Enforcement Division and end of a two-week Basic Enforcement Science Course 2022 held for 67 staff members at the Malaysia Prisons College here On another development, he said his ministry was prepared to cooperate with the Health Ministry to address the problem of shortage of medicines.

He added that his ministry too had received complaints on the shortage of medicines although not in large amounts.

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