Jakarta, May 3 -- Indonesia is considering raising the retail price ceiling for Minyakita cooking oil as global crude palm oil prices climb, Trade Minister Budi Santoso said, stressing the plan is unrelated to the upcoming B50 biodiesel rollout.

He said the adjustment reflects higher production costs driven by rising CPO prices.

"We need to make adjustments accordingly," Santoso said here Sunday.

The minister indicated a revision could be reasonable, noting the current price ceiling has remained unchanged since 2024.

However, he said the government has yet to make a final decision.

"We are still deliberating it," he added.

Santoso also assured the public that Minyakita supply remains sufficient and prices are under control.

He note...