Bioethanol prices jumped to rp10.933 per litre in July 2026

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Bioethanol prices rose to rp10.933 per liter in July 2026, an increase from rp8.062 in June 2026.

Ministry of Energy and Mineral Resources (ESDM) announced the price of market index (hip) to biofuels (BBN) type of biodiesel and bioethanol to July 2026. Biodiesel prices fell while bioethanol jumped, and in detail, the July 2026 biodiesel was set at rp14.562 per liter plus freight cost. This figure is down compared to June biodiesel hip which amounted to rp14.643 per liter plus freight costs. Meanwhile, the amount of crude palm oil conversion to biodiesel amounted to US $85 per metric ton in might 2026. The figure remains unchanged from December 2025. As to, the amount of biodiesel type hip BBN is calculated based on the provisions of the decree of the Minister of Energy and Mineral Resources No. 3.k/ ek.05/DJE/2024 on the market index price of biodiesel type fuel mixed into fuel oil type diesel and the amount of freight cost based on the provisions of Annex I decree of the Minister of Energy and Mineral Resources No. 290.k/ ek.05/me M.E/2025. greater detailed, The price of biodiesel is obtained from formula, hip = (the average price of crude palm oil is US $85 per ton) x 870 kg per m. Meanwhile, 870 kg per Mallet is a unit factor of kilograms to liters. Meanwhile, to the conversion of the exchange rate using the average central exchange rate of Bank Indonesia amounted to rp17.895 per US $, while hip bioethanol was set at rp10.933 per liter to July 2026. The price rose compared to hip bioethanol in June 2026 which amounted to rp8,062 per liter. The calculation of bioethanol hip BBN using a formula that has been set, namely hip = (sugarcane price KPB average period 3 months X 4,125 kg per liter) US $0,25 per liter. With the average price of sugarcane price of KPB (15 December 2025 - 14 June 2026) was rp1.568 per kg, then, 4,125 kg per liter was a unit of conversion factor from kilograms to liters. Then, to US $0,25 per liter is the value of conversion of raw materials into bioethanol. Meanwhile, to conversion of exchange rate using average central exchange rate of Bank Indonesia amounted to rp17.853 per US $.

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