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Indonesian government raises the price of biodiesel

09 July 2020 07:12

JAKARTA. The Indonesian government raised the market index price for biodiesel (BBN) biodiesel 5.47% to Rp 7,321 per litre for July 2020.

Agung Pribadi, Head of the Communications Bureau of the Ministry of Energy and Mineral Resources, said the price also applies to biodiesel used for B30 fuel.

He explained that the price adjustment was done due to the rising price of Crude Palm Oil (CPO). The price of CPO has risen from Rp 6,773 per kilogram in June 2020 to Rp 7,272 per kilogram. (KR/AR)

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