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THE shortage in the supply of subsidised cooking oil is expected to stabilise soon after packing and distribution are completed by supplier companies.
Domestic Trade and Consumer Affairs Ministry enforcement director Azman Adam said the government distributed a quota of 60,000 metric tonnes of subsidised cooking oil to manufacturers each month, before it was distributed to suppliers and packing companies.
“Usually, this will be done on the first and second day of the month, (so) only then they will start the packing process. This will take about one or two days.
“The subsidised cooking oil is being sold at a very low price of RM2.50 per packet, that is why it is in high demand,” he told reporters today.
Earlier, he carried out checks on the implementation of the maximum price of chicken and chicken eggs at Pasar Besar Alor Setar, Kedah, with the ministry’s secretary-general Azman Mohd Yusof also present.
Meanwhile, Azman said there was no reason for traders to sell chicken beyond the ceiling price of RM9.40 set by the government, especially in rural areas.
“The issue of the difference in the selling price of chicken in urban and rural areas should not arise because the price mechanism used by the government has taken into account sufficient profit margin for each level.
“If there is a difference in prices, especially in rural areas, please lodge a report with the ministry. Provide complete information, including the price and location, so that we can take immediate action,” he said.
Azman added that a total of 1,873 premises selling chicken, eggs and cooking oil were inspected yesterday but there were no cases of controlled items being sold beyond the ceiling price. – Bernama, July 2, 2022.