The Palm Scribe

Biodiesel reference price falls to Rp6,589 per liter

Kontan Harian, 11 December 2018

The Energy and Mineral Resources Ministry has readjusted the market price index for vegetable fuel. In the readjustment, biodiesel is priced at Rp6,589 per liter, down Rp748 from Rp7,277 per liter in November 2018. The adjusted price excludes delivery cost, which refers to Energy and Mineral Resources Ministerial Decree No.350 K/12/DJE/2018.

The newly adjusted price also applies to the mandatory 20% biodiesel blend (B20) program, Energy and Mineral Resources Ministry Communication, Public Information Service, and Partnership Bureau Head Agung Pribadi said in a written statement on Sunday (December 9).

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