Minister of State Secretary Prasetyo Hadi has revealed that the\nstrategic mineral and commodities exchange will officially commence\noperations on 1 January 2027. The exchange will be named Indonesia\nCommodity Exchange (Icomex).<\/p>\n
\u201cEverything is being prepared,\u201d he said when met at Merdeka Palace,\nCentral Jakarta, on Monday (17\/8\/2026).<\/p>\n
Prasetyo Hadi emphasised that the commodities involved are certainly\nIndonesia\u2019s primary natural resources, including CPO, nickel, and\ncoal.<\/p>\n
\u201cNot yet, it has not been decided. What is certain is that these are\nour most important production commodities, for example CPO, nickel,\ncoal,\u201d he said.<\/p>\n
\u201cMore or less, Indonesia Commodity Exchange or Icomex,\u201d he\nstated.<\/p>\n
The government has not ruled out the possibility of merging ICDX into\nthe state-owned commodity exchange, Icomex. However, Prasetyo Hadi\ndeclined to explain the mechanism that will be used in the exchange.<\/p>\n
\u201cWe will see later, it could possibly merge, or it could stand\nalone,\u201d he said.<\/p>\n
The Strategic Mineral and Commodities Exchange is mandated by Law\nNumber 4 of 2026 concerning Amendments to Law Number 4 of 2023 on the\nDevelopment and Strengthening of the Financial Sector (P2SK).<\/p>\n
The exchange will be managed under the supervision of the Financial\nServices Authority (OJK) and is targeted to begin operations on 1\nJanuary 2027. This policy is a continuation of the establishment of PT\nDanantara Sumberdaya Indonesia (DSI) as well as the implementation of\nthe single-window export policy previously announced by the\ngovernment.<\/p>\n
As is known, President Prabowo Subianto wants to establish an\nIndonesia Reference Price so that reference prices for Indonesian export\ncommodities are formed domestically, rather than referring to foreign\nexchanges.<\/p>\n
President Prabowo believes that for decades Indonesia has been a\nmajor producer of various world commodities but has not had influence\nover price formation. According to him, this condition means that the\nadded value of trade has not been fully enjoyed by Indonesia.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/mineral-and-commodities-exchange-to-launch-1-january-2027-named-icomex-1787039557", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }