KUALA LUMPUR, Nov 11 (Bernama) -- The government has approved a special incentive of about RM15 million a month under the Cooking Oil Price Control Mechanism (MKHMM) to maintain ceiling prices and ensure a stable supply of bottled pure palm cooking oil.
Gov't Approves RM15 Mln Monthly Incentive For Bottled Cooking Oil - Armizan
Armizan Mohd Ali, KPDN, cooking oil, ceiling price
Key points
- Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the decision, made at the Cabinet meeting on Nov 6, followed a surge in global crude palm oil (CPO) prices, which had significantly increased production costs for manufacturers.
- Under the mechanism, the ceiling prices of bottled pure palm cooking oil will remain at RM6.90 for 1kg, RM13.30 for 2kg, RM19.60 for 3kg and RM30.90 for 5kg, as stipulated under the Price Control and Anti-Profiteering Act 2011.
- Armizan said the sustained increase in global CPO prices since June 2025 had placed mounting cost pressures on manufacturers, prompting some companies to halt production of bottled cooking oil.
Sentences selected automatically from the original article by Bernama.
Story details
- Published
- Section
- news
- Format
- Article
- Original
- bernama.com ↗
Related reporting
2 stories on this topic from 2 sources, oldest first.
- Free Malaysia Today Govt sets aside RM15mil a month to maintain bottled cooking oil prices
- Bernama Gov't Approves RM15 Mln Monthly Incentive For Bottled Cooking Oil - Armizan (this story)



%2Ffile%2Fattachments%2Forphans%2FNew-Big-Picture-template-06112026-18_825110.jpg&w=480&output=webp&q=85&we)