12th November 2026 - 2 min read
The government will pay an incentive of about RM15 million a month to keep bottled cooking oil at its ceiling prices. The money goes directly to the oil manufacturers, so shoppers don’t need to apply for rebates.
Domestic Trade and Cost of Living Minister Armizan Mohd Ali announced the incentive on 11 November.
The government set the current maximum retail prices for bottled pure palm cooking oil in November 2022. The limits are still in effect. Larger bottles cost less per kilo.
| Bottle size | Ceiling price | Cost per kg |
| 1kg | RM6.90 | RM6.90 |
| 2kg | RM13.30 | RM6.65 |
| 3kg | RM19.60 | RM6.53 |
| 5kg | RM30.90 | RM6.18 |
At October’s average global CPO price of RM4,400 a tonne, a 5kg bottle could have cost RM34 without the incentive, Armizan said. That’s RM3.10, or about 10%, more than the ceiling price.
A household that buys one 5kg bottle a month would pay RM37.20 more over a year without the incentive
If you find a shop charging more than the government-approved price, you can report it to the Ministry of Domestic Trade and Cost of Living (KPDN) through its WhatsApp hotline at 019-848 8000 or call centre at 1-800-886-800. Under the Price Control and Anti-Profiteering Act 2011, shops found charging above the set price may face legal action.
The ministry says it aims to investigate complaints within 24 hours, so make sure to provide the shop’s name, exact location and details of what happened when lodging your complaint.
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Iman writes about personal finance with curiosity. She is interested in the stories behind money, the hesitation around big decisions, and the small habits that shape financial futures. Off the clock, she is either dissecting a film or climbing her way up the leaderboard in her favourite games.
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