Under Government Regulation No. 24, which takes effect in September, the Indonesian government has officially classified coal, palm oil, and ferroalloys as strategic commodities. The decree mandates that all exports of these materials must be channeled exclusively through Danantara Sumberdaya Indonesia (DSI), acting either as the legal owner or the sole intermediary. This structural shift centralizes export authority within a single state-backed entity, fundamentally altering how international buyers will procure Indonesian bulk minerals and agricultural products.
DSI will assume responsibility for determining export pricing and applying markups within a broadly defined “reasonable range,” though regulators have not specified exact benchmarks or calculation methodologies. The entity plans to launch a trial run of its export governance platform in September, describing its role as a “governance assistant” and asserting that direct commercial contracts between domestic producers and foreign purchasers will remain unchanged.
Market participants have expressed caution regarding the implementation details. Industry observers, including representatives from the Indonesian Palm Oil Association (GAPKI), highlight that the absence of transparent pricing references could complicate trade negotiations. There are also concerns that standardized verification procedures may fail to account for legitimate price premiums driven by quality and grade variations, potentially creating friction in global commodity supply chains.