Indonesia Raises Copper Concentrate Reference Price by 4.54% for Early January 2026
Executive Summary
Key insights and market outlook
The Indonesian Ministry of Trade has increased the reference price for copper concentrate (HPE) to US$ 5,868.51 per wet metric ton for the first half of January 2026, marking a 4.54% rise from the previous period's US$ 5,613.83. This adjustment, effective from January 1-14, 2026, is based on Minister of Trade Decision No. 2404/2025.
Deep Dive Analysis
Indonesia Adjusts Copper Concentrate Reference Price for January 2026
New Reference Price Establishment
The Indonesian Ministry of Trade has issued a significant update to the reference price for copper concentrate through Minister of Trade Decision No. 2404/2025. For the period of January 1-14, 2026, the reference price has been set at US$ 5,868.51 per wet metric ton, representing a 4.54% increase from the previous period's price of US$ 5,613.83.
Key Details of the Price Adjustment
- Effective period: January 1-14, 2026
- Copper content requirement: ≥ 15% Cu
- Measurement unit: Wet Metric Ton (WMT)
- Price change: +4.54% from previous period
Implications for the Mining Sector
This adjustment in the reference price has significant implications for both exporters and the mining industry in Indonesia. The change affects the calculation of export duties and potentially influences the overall export value of copper concentrate. Companies involved in copper concentrate exports need to adjust their financial planning according to this new reference price.
Source References
Story Info
Topics Covered
Key Events
Copper Concentrate Reference Price Adjustment
Export Duty Recalculation