What is the planned launch date and official name of Indonesia's new commodity exchange, and which commodities will it cover?

Indonesia plans to launch the Strategic Mineral and Commodity Exchange on January 1, 2027. The exchange will establish Indonesian reference prices for key export commodities including palm oil, nickel, tin, coal, and coffee, and will be supervised by the Financial Services Authority.

How does President Prabowo describe Indonesia's intended role in global commodity pricing through this new exchange?

President Prabowo stated that 'Indonesia will no longer be merely a place where commodities are extracted' and emphasized that 'We must set global commodity prices,' signaling a strategic shift from being a raw material supplier to an active shaper of international price benchmarks.

Prabowo Plans Indonesian Commodity Exchange to Control Prices

Aug 14, 2026

President Prabowo plans to launch a Strategic Mineral and Commodity Exchange by January 2027 to set reference prices for key exports like palm oil, nickel, and coal. The initiative aims to influence global commodity markets and reduce price manipulation.

bloomberg

2026-08-14

Prabowo Plans Indonesian Commodity Exchange to Control Prices

Prabowo Plans Indonesian Commodity Exchange to Control Prices

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