What is the Jakarta Futures Exchange's proposed role in Indonesia's planned Strategic Mineral and Commodity Exchange?

The Jakarta Futures Exchange (JFX) is positioning itself as a ready operational platform for the planned exchange, with its Deputy CEO Suresh Mookiah stating it is 'workable if it’s done with an existing exchange that has shown success' and that JFX is 'hoping to be chosen for this initiative' and 'willing to work with the regulatory system'. JFX has offered flexibility by proposing options including allowing the government to take a stake, merging with other exchanges, or providing management services.

What commodities will the new Indonesian exchange aim to establish reference prices for, and under whose supervision?

The planned Strategic Mineral and Commodity Exchange will create Indonesian reference prices for key exports — specifically palm oil, nickel, tin, coal, and coffee — and will operate under the supervision of the Financial Services Authority, as stated by President Prabowo Subianto in his annual budget speech.

Jakarta Futures Exchange Eyes Role in Planned Commodities Bourse

Aug 20, 2026

Indonesia plans a Strategic Mineral and Commodity Exchange to influence global prices on key exports like nickel and palm oil. The Jakarta Futures Exchange aims to participate using existing platforms under government supervision.

bloomberg

2026-08-20

Jakarta Futures Exchange Eyes Role in Planned Commodities Bourse

Jakarta Futures Exchange Eyes Role in Planned Commodities Bourse

FAQ