The Export Reference Price (ERP) for copper concentrate (with copper content ≥15%) has been set at USD 5,613.83 per Wet Metric Ton (WMT) for the second half of December 2025, covering the period from December 15 to 31. This marks a 2.77% increase compared to the ERP for the first half of December 2025, which was USD 5,462.63 per WMT. The determination of this ERP is stipulated in the Minister of Trade Regulation No. 2300 of 2025 on Export Reference Prices for Mining Products Subject to Export Duties, issued on December 12, 2025, and effective for the specified period.

Tommy Andana, Acting Director General of Foreign Trade at the Ministry of Trade, stated that the rise in copper concentrate ERP for the second half of December is driven by growing global demand for copper. This demand mainly comes from the electrical industry, the expansion of electric vehicles, and infrastructure development. Additionally, the uptrend in global metal prices has further fueled the ERP increase. In the second half of December, copper prices rose by 3.47%, gold by 2.09%, and silver by 8.01% compared to the first half...