JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) through the Directorate General of New, Renewable Energy and Energy Conservation (Ditjen EBTKE) has set the Price of the Nabati Fuel Index (BBN) for the month of July 2025 of IDR 12,874 per liter plus transportation costs.
The pricing decision is effective as of July 1, 2025, in accordance with the letter from the Director-General of EBTKE number B-1601/EK.05/DJE.B/2025 which was signed on June 28, 2025.
The HIP amount of Biodiesel type BBN is determined based on the provisions of the First Diktum of the Ministerial Decree (Kepmen) of Energy and Mineral Resources Number 3.K/EK.05/DJE/2024 concerning the Price of the Biodiesel type BBN Market Index which is mixed into Solar Oil Fuel and the amount of transportation costs based on the provisions of attachment I of the Ministry of Energy and Mineral Resources Number 153.K/EK.05/DJE/2024.
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In more detail, the calculation of the price of HIP BBN Biodiesel obtained from the formula, HIP = (CPO KPB Average + 85 US dollars / tons) x 870 kg / m3 + Transport Ongkos. With the average CPO price for the period 25 May - June 2025 amounting to Rp13,412 per kg.
Meanwhile, 85 US dollars per MT is the value of conversion of raw materials into biodiesel, and 870 kg/m3 is a unit factor from kg to L. Meanwhile, the exchange rate uses the Bank Indonesia middle rate average with an exchange rate period of 25 May - June 2025 of IDR 16,303.
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