Danantara Indonesia\u2019s Managing Director of Stakeholders Management,\nRohan Hafas, confirmed that exports of strategic commodities through PT\nDanantara Sumberdaya Indonesia (DSI) will continue to reference\ninternational market prices.<\/p>\n
He explained that the establishment of PT DSI aims to prevent\nunder-invoicing practices and the outward flow of export proceeds that\nhave long been suspected of being parked overseas.<\/p>\n
Rohan stressed that PT DSI will not assume the role of seller or\nbuyer in transactions of strategic commodities such as coal and palm\noil.<\/p>\n
\u201cPT DSI ini akan lebih fokus apakah ini transaksi yang sudah normal,\nperdagangan normal. Artinya harganya sudah mencerminkan harga pasar mau\nlebih murah sedikit, lebih mahal sedikit selama pembeli-penjual,\u201d he\nsaid. \u201cDSI will focus on whether the transaction is normal trade. In\nother words, the price already reflects market prices, whether it is\nslightly cheaper or slightly more expensive, as long as the buyer and\nseller agree.\u201d<\/p>\n
He stated that the main function of PT DSI is to ensure export\ntransactions run in accordance with market prices and that price\nmanipulation practices do not occur.<\/p>\n
\u201cIt will safeguard that buyers and sellers do not engage in\nunder-invoicing or underpricing,\u201d he added.<\/p>\n
Hafas indicated that export prices will reference international\nprices formed on global exchanges. \u201cWhere do the prices come from?\nPrices for commodities today\u2014especially coal and palm oil\u2014are already\ntraded internationally; crude oil prices are available\u2014Brent or similar.\nSo this will also refer to those,\u201d he continued.<\/p>\n
Rohan also dismissed concerns that PT DSI\u2019s presence would harm\nbusiness players or create uncertainty in export trade. \u201cI won\u2019t kill\noff entrepreneurs. So there is no uncertainty. The prices will be as\ngood as market prices,\u201d he said. \u201cWe want all proceeds from sales to\nreturn to the country and not be parked overseas as has been the\ncase.\u201d<\/p>\n
He explained that export proceeds deposited in national banks can be\nused to support domestic financing and investment. \u201cThat money, when\nparked in our banks, will become capital for providing credit,\u201d he\nadded.<\/p>\n
Rohan noted that until now export funds parked in foreign banks have\nlargely financed other countries\u2019 economies.<\/p>\n
Prior to this, Coordinating Minister for Economic Affairs Airlangga\nHartarto said the phased implementation of exporting strategic\ncommodities through PT Danantara Sumberdaya Indonesia would begin on 1\nJune 2026.<\/p>\n
In the initial three months, export transactions will still be\nconducted by the company with foreign buyers, while PT DSI will handle\nexport documentation. \u201cAgain, export transactions will still be\nconducted by the company with buyers, but export documentation will be\nhandled by BUMN Danantara Sumberdaya Indonesia; this will apply for\nthree months and we will evaluate in three months,\u201d Airlangga said.<\/p>\n
After the first-phase evaluation, from 1 September 2026 the process\nof exporting strategic commodities is planned to be fully conducted\nthrough Danantara Sumberdaya Indonesia.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/new-danantara-state-owned-enterprise-to-ensure-export-commodity-prices-align-with-market-1779542998", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }