Recently, there were rumours that the olein cooking oil in 1kg polybags sold in the local market are of low quality and they are recycled oil. Responding to that, the Malaysian Palm Oil Board (MPOB) director-general, Ahmad Parveez Ghulam Kadir had stood up to denied those claims and clarify that they meets the prescribed quality.
In the press conference yesterday (18 June), he said that the price of the cooking oil in polybags remained low as they were controlled by the Ministry of domestic trade and consumer affairs, and the retail price are not allowed to exceed RM2.50.
“The perception that subsidised cooking oil in polybags is of lower quality is wrong. The price is subsidised and controlled by the government, hence it is cheaper than the price of bottled cooking oil in the market,” he said in a statement to Bernama.
He also explained that the the price of cooking oil in polybags were kept at RM2.50 despite the increase in crude palm oil price in the market. This is because subsidies were given and it is targeted at reducing the burden of the consumers by providing them cooking oil at an affordable price.
“This targeted subsidy is for consumers who buy cooking oil in 1kg polybags for personal use, especially the low-income group.”
“Whereas bottled cooking oil of various brands offers an option to consumers from the M40 and T20 households who are willing to pay a higher price,” he said.
Meanwhile, he said that there were 49 refineries and 312 packaging companies that are operating to supply cooking oil to the local market, which it is estimated to produce 1 millon tonnes a year.
In addition, the MPOB conducts monitoring and testing of cooking oil samples in the retail stores on a regular basis to confirm that the quality and important characteristics comply with the criteria set by the Department of Standards Malaysia.
Among the criteria were oleic acid content, colour and essential qualities including polar and polymer compounds, oxidative stability index and vitamin E (tocotrienols and tocopherols).
He also mention that in year 2020, Malaysia produced 19.14 million tonnes of crude palm oil and the consumption of olein cooking oil for the local market accounted for only 4.1% of the country’s total crude palm oil production.