HIP Bioethenol September Down To IDR 9,613 Per Liter
JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) through the Directorate General of New, Renewable Energy and Energy Conservation (EBTKE) has set the Market Index Price (HIP) for Bioethenol Fuel (BBN) in July 2025 amounting to IDR 9,613 per liter.
The price of bioethenol this month decreased compared to the previous month which was set at IDR 10,538 per liter.
The decision on the price of HIP Biodiesel is contained in letter Number B-2383/EK.05/DJE.B/2025 signed by the Director General of EBTKE, Eniya Listiani Dewi, on August 29, 2025.
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In calculating the price of HIP BBN Bioethenol, using the predetermined formula, namely (The average price of cane cane KPB for the period 3 months x 4,125 kg/L) + 0.25 US dollars/L.
Meanwhile, the exchange rate used refers to the middle exchange rate of Bank Indonesia during the exchange period from July 15, 2025 - August 14, 2025, amounting to IDR 16,331.