Monday, 02 February 2026 11:51

Rising Renewable Energy Demand Lifts Indonesia’s Mineral Export Prices

Indonesia has set higher benchmark export prices for mineral commodities, driven by strong global demand linked to renewable energy development and electric vehicles. The surge in demand has particularly boosted copper and gold prices, reflecting positive market momentum and growing industrial needs worldwide. Copper demand continues to rise alongside renewable energy infrastructure and EV production, while the global electronics industry has further supported price growth amid tightening supply from major mining operations.

The benchmark export price for copper concentrate increased to USD 6,422.91 per metric ton, up 4.73% from the previous period. All mineral components associated with copper recorded notable gains, with silver posting the highest increase at 17.99%. Meanwhile, the reference price of gold climbed to USD 4,628.79 per troy ounce, pushing the gold export benchmark to above USD 148,000. Higher demand for physical gold in jewelry and industrial applications, alongside global monetary policy dynamics, has supported this upward trend. Effective from February 1–14, 2026, the updated benchmark prices are expected to enhance Indonesia’s export competitiveness while supporting stable and transparent trade amid evolving global market conditions.
Source
https://rri.co.id/bisnis/2148381/permintaan-energi-terbarukan-dongkrak-harga-ekspor-mineral 

 

 

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