Don't hoard or ration cooking oil, says Annuar

SERDANG: Those directly involved in the ecosystem for production and sale of palm-based cooking oil should avoid hoarding or rationing the commodity following the setting of its maximum price at RM34.70 per five-kilogramme bottle effective on Monday (Aug 8), says Tan Sri Annuar Musa.

The chairman of the Task Force on Jihad against Inflation said if traders and retailers resorted to such practices, they would ultimately lose out, apart from creating problems for consumers.