Bitumen Price in Indonesia Today
Last updated: 2026-10-03
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Bitumen Price in Indonesia Today
Bitumen price in Indonesia today ranges from USD 415 to USD 545 per metric ton (CIF Jakarta/Surabaya), depending on grade, packaging, and origin. Penetration grade 60/70 — the most traded specification — is quoted at approximately USD 445–485 per MT CIF, while bulk drummed supply from Singapore and South Korea lands at the lower end of the band. In IDR terms, this equals roughly Rp 7.1–8.4 million per ton at an exchange rate of Rp 16,300/USD, before local VAT and inland logistics.
Current Bitumen Price Benchmarks in Indonesia (Today)
Indonesian bitumen is almost entirely imported — domestic refinery output covers less than 20% of national demand of roughly 1.1–1.3 million MT per year. Pricing is therefore driven by Singapore FOB benchmarks, freight, and the USD/IDR rate.
| Grade / Type | Packaging | Origin | Price (USD/MT, CIF) | Price (IDR million/MT) |
|---|---|---|---|---|
| Pen 60/70 | Bulk (vessel) | Singapore | 445 – 470 | 7.25 – 7.66 |
| Pen 60/70 | New steel drum | South Korea | 470 – 500 | 7.66 – 8.15 |
| Pen 60/70 | Drum | Middle East (Iran/UAE) | 415 – 450 | 6.76 – 7.34 |
| Pen 80/100 | Drum | Singapore | 455 – 485 | 7.42 – 7.91 |
| Pen 40/50 | Drum | South Korea | 490 – 520 | 7.99 – 8.48 |
| PMB (Polymer Modified) | IBC / Drum | Malaysia | 520 – 545 | 8.48 – 8.88 |
| Cutback MC-30 / RC-250 | Drum | Regional | 520 – 590 | 8.48 – 9.62 |
| Bitumen Emulsion (CSS-1) | Drum | Local blend | 480 – 530 | 7.82 – 8.64 |
Key benchmark references used by traders today:
- Singapore FOB Pen 60/70: ~USD 430–450/MT
- Freight Singapore → Jakarta/Surabaya: USD 18–28/MT
- Import duty (HS 2713.20): 0% under ASEAN trade agreements; 5% MFN for non-FTA origins
- VAT (PPN): 11% on landed value
- USD/IDR: ~16,300
> Bottom line: If you are buying in bulk vessel quantities today, expect to pay USD 445–465/MT CIF Jakarta for Pen 60/70. Small drum orders below 100 MT typically carry a USD 20–40/MT premium.
What Drives Bitumen Price in Indonesia Today
Bitumen is the heaviest cut from crude refining. When Brent moves, Pen 60/70 prices follow with a 1–2 week lag. A USD 5/bbl Brent move translates to roughly USD 12–18/MT on bitumen. Today Brent is trading in the USD 72–78/bbl range, which supports current price levels.
Indonesia imports approximately 80–85% of its bitumen. The origin split today looks like this:
| Origin | Share of Indonesian Imports | Typical Grade |
|---|---|---|
| Singapore | 35% | Pen 60/70, 80/100 |
| South Korea | 20% | Pen 40/50, 60/70 |
| Middle East (Iran, UAE, Bahrain) | 22% | Pen 60/70 |
| Malaysia | 10% | PMB, Pen 60/70 |
| Taiwan / Thailand | 8% | Pen 60/70 |
| Domestic (Pertamina) | 5% | Pen 60/70 |
Indonesia's road construction peaks May–October (dry season). Public Works Ministry asphalt allocations for toll roads, national roads, and provincial roads push monthly import demand from ~85,000 MT (wet season) to 110,000–120,000 MT (dry season). Prices today reflect early dry-season restocking.
Every Rp 100 weakening against the USD adds approximately Rp 7,000/MT (about USD 0.45). Freight rates on the Singapore–Jakarta route have stayed stable at USD 18–28/MT over the past 30 days, which keeps landed cost predictable.
Price Comparison: Indonesia vs Regional Markets
Where does Indonesia sit against its neighbours? Here's today's comparison for Pen 60/70, drummed, CIF main port:
| Market | Local Price (USD/MT) | vs Indonesia | Notes |
|---|---|---|---|
| Indonesia | 445 – 485 | — | Import-dependent, 11% VAT |
| Singapore | 430 – 460 | -3% | Refinery hub; FOB basis |
| Malaysia | 440 – 470 | -1% | Strong domestic refinery |
| Vietnam | 455 – 490 | +2% | Similar import profile |
| Thailand | 450 – 480 | +1% | Domestic supply from IRPC |
| Philippines | 470 – 510 | +5% | Higher freight |
| India | 460 – 500 | +3% | Large volume, own refining |
Takeaway: Indonesia sits in the middle of the ASEAN band. Buyers here pay a modest USD 15–30/MT premium over Singapore FOB because of freight and import handling — but that premium is offset by 0% import duty under ATIGA for ASEAN-origin cargo.
12-Month Price Trend and Forecast
| Month | Pen 60/70 (USD/MT CIF) | Notes |
|---|---|---|
| 12 months ago | 505 | Peak from Brent spike |
| 9 months ago | 480 | Stock build |
| 6 months ago | 465 | Wet season lull |
| 3 months ago | 455 | Stable import flow |
| Today | 445 – 485 | Early dry-season restock |
| +30 days (forecast) | 450 – 490 | Rising demand |
| +90 days (forecast) | 460 – 500 | Peak construction |
Forecast logic: If Brent holds at USD 72–78/bbl and USD/IDR stays within Rp 16,100–16,500, expect bitumen to trade sideways to slightly up through the next quarter. A 5% crude rally would push Pen 60/70 toward USD 500–515/MT; a strengthening rupiah would pull it back toward USD 430–450/MT.
How to Calculate Your Landed Bitumen Cost in Indonesia
The CIF price is not your final cost. Add these line items:
- Import duty: 0% (ASEAN) or 5% (non-ASEAN origin)
- VAT (PPN): 11% on CIF + duty
- Customs clearance & forwarder: USD 15–25/MT
- Port storage (if applicable): USD 3–6/MT per week
- Inland trucking (port → job site):
- Jakarta → Bandung: ~USD 22/MT
- Surabaya → Malang: ~USD 15/MT
- Jakarta → Surabaya: ~USD 35/MT
- Drums (if not returnable): USD 25–40/drum
Example landed cost — 500 MT Pen 60/70, Singapore origin, delivered Jakarta:
| Item | Amount (USD) |
|---|---|
| Product (CIF Jakarta @ 455/MT) | 227,500 |
| Import duty (0%) | 0 |
| VAT 11% | 25,025 |
| Clearance & handling | 10,000 |
| Inland delivery (Jakarta metro) | 8,000 |
| Total landed | 270,525 |
| Per MT landed | ~541 |
This is the number that should go into your project bid — not the headline CIF quote.
FAQ — Bitumen Price in Indonesia Today
Q1: What is the bitumen price in Indonesia today per ton?
Today, Pen 60/70 bitumen lands at USD 445–485 per metric ton CIF Jakarta/Surabaya, or roughly Rp 7.25–7.91 million per ton. Middle East drummed supply can be found at the lower end (USD 415–450/MT), while PMB and specialty grades run USD 520–545/MT.
Q2: Is bitumen price in Indonesia going up or down this month?
Prices are currently trending slightly up as dry-season construction demand restarts. Expect a 2–4% increase over the next 30 days if Brent stays above USD 72/bbl, pushing Pen 60/70 toward USD 460–490/MT.
Q3: Which origin offers the cheapest bitumen in Indonesia?
Middle East cargoes (Iran, UAE, Bahrain) are typically cheapest at USD 415–450/MT CIF, but they carry longer lead times (25–40 days) and may involve 5% import duty if not under an FTA. Singapore cargoes cost more (USD 445–470/MT) but arrive in 5–7 days.
Q4: How much does 1 ton of Pen 60/70 bitumen cost in IDR?
At today's rate of Rp 16,300/USD, 1 MT of Pen 60/70 lands at approximately Rp 7.25–7.91 million CIF. After 11% VAT and inland delivery to a Jakarta job site, the effective cost rises to about Rp 8.8–9.0 million per ton.
Q5: What is the minimum order quantity for imported bitumen in Indonesia?
- Bulk vessel: 2,000–5,000 MT (full or part cargo)
- Drummed FCL: 20 MT per 20-ft container (80 drums)
- LCL / breakbulk: 100–500 MT via consolidators
Most traders will quote from 100 MT upward, with the best pricing starting at 500 MT+.
Ready to Lock In Today's Price?
Bitumen pricing moves fast — sometimes USD 5–10/MT in a single day. Before you commit to a procurement decision, run the full landed-cost math: CIF, duty, VAT, clearance, inland delivery, and storage.
👉 Use the [6Tar Bitumen Cost Calculator](https://6tar.com/calculator) to get your exact landed price per MT for any origin, grade, and delivery point in Indonesia — in under 30 seconds. No spreadsheets, no guesswork. Just enter your volume, port, and grade, and see your all-in cost immediately.
Updated daily against Singapore FOB benchmarks and USD/IDR spot rates.