Government sets a monthly benchmark price of biodiesel to Rp7,358 a liter in October, increased by Rp399 from Rp6,929 in a previous month. While bio-ethanol price set at Rp10.273 a liter from Rp10,091 month earlier, energy and mineral resources ministry (ESDM) has announced today.
“The decree will be effective starting October 1, 2019, as stated in the Letter of the Director-General of New and Renewable Energy and Energy Conservation Number 2765/12/DJE/2019,” the ministry said, adding that the price is to be used in the implementation of mandatory B20 and applies to mix diesel oil both certain and general types of fuel oil.
