Indonesia's Pertamina raises non-subsidized Pertamax gasoline price by 32 pct

JAKARTA, June 10 (Xinhua) -- Indonesian state-owned energy company Pertamina said it has raised the price of its widely used Pertamax gasoline, a non-subsidized fuel grade, by around 32 percent, with the new price taking effect on Wednesday.

Pertamina said in a statement that the adjustment was made to reflect changes in the global crude oil price trend and the Indonesian rupiah exchange rate. The company said the new price was determined in accordance with applicable regulations.

The company added that the price adjustment applies only to non-subsidized fuel products, while prices of other fuel products remained unchanged.

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