{
    "success": true,
    "data": {
        "id": 1861339,
        "msgid": "one-stop-export-policy-to-boost-commodity-bargaining-power-minister-1784112613",
        "date": "2026-07-15 17:16:36",
        "title": "One-stop export policy to boost commodity bargaining power: minister",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Trade",
        "summary": "Indonesia's Agriculture Minister has announced a new one-stop export policy aimed at transforming the country into a price-setter for key commodities rather than a price-taker. The centralised mechanism, managed by state-owned enterprise PT Danantara Sumberdaya Indonesia, seeks to eliminate under-invoicing practices that have reportedly cost the state Rp16,000 trillion over 34 years. The policy, which took effect in June 2026, will initially focus on coal, crude palm oil, and ferroalloys to ensure greater added value benefits local farmers and boosts foreign exchange reserves.",
        "content": "<p>Speaking during a working visit to a coffee nursery in Aceh on\nTuesday (July 14), Agriculture Minister Andi Amran Sulaiman stated that\nthe policy directly reflects the directives of President Prabowo\nSubianto.<\/p>\n<p>\u201cGoing forward, our exports will be one-stop. Why one-stop? So that\nwe can be the ones determining prices. Not the consumers, but\nproducers\u2014which is Indonesia,\u201d Amran said.<\/p>\n<p>Through this centralized mechanism, Indonesia is projected to\ntransition into a global price-setter for key export commodities.<\/p>\n<p>The minister explained that this shift would ensure that the added\nvalue of national resources directly benefits the local farmers while\nsignificantly boosting the country\u2019s foreign exchange reserves.<\/p>\n<p>Currently, the pricing of several major Indonesian commodities\nremains heavily dependent on foreign buyer markets, which limits\npotential profits for both local farmers and the state.<\/p>\n<p>Amran Sulaiman pointed out that crude palm oil (CPO), for instance,\nhas previously been priced at approximately Rp15,000 (approximately\n0.94) per kilogram domestically, while the global market price hovered\naround Rp27,000 (US$1.69) per kilogram.<\/p>\n<p>He noted that if domestic CPO prices could be lifted to Rp20,000\n(US$1.25) per kilogram\u2014closer to international rates\u2014farmers\u2019 incomes\nwould see a substantial increase.<\/p>\n<p>The centralized export policy, managed through state-owned enterprise\nPT Danantara Sumberdaya Indonesia (DSI), also aims to eliminate the\nrampant practice of under-invoicing.<\/p>\n<p>Under-invoicing, where exporters intentionally report lower\ntransaction values domestically than the actual sale price abroad, has\nlong depleted potential state revenue.<\/p>\n<p>To illustrate the stark pricing disparities, Minister Amran pointed\nto the CPO sector, where domestic buying prices languish between\nRp14,000 and Rp15,000 (US$0.88 to US<span class=\"math inline\">0.94)<em>p<\/em><em>e<\/em><em>r<\/em><em>k<\/em><em>i<\/em><em>l<\/em><em>o<\/em><em>g<\/em><em>r<\/em><em>a<\/em><em>m<\/em>,\u2006<em>e<\/em><em>v<\/em><em>e<\/em><em>n<\/em><em>a<\/em><em>s<\/em><em>t<\/em><em>h<\/em><em>e<\/em><em>g<\/em><em>l<\/em><em>o<\/em><em>b<\/em><em>a<\/em><em>l<\/em><em>r<\/em><em>e<\/em><em>s<\/em><em>a<\/em><em>l<\/em><em>e<\/em><em>p<\/em><em>r<\/em><em>i<\/em><em>c<\/em><em>e<\/em><em>c<\/em><em>l<\/em><em>i<\/em><em>m<\/em><em>b<\/em><em>s<\/em><em>u<\/em><em>p<\/em><em>w<\/em><em>a<\/em><em>r<\/em><em>d<\/em><em>o<\/em><em>f<\/em><em>R<\/em><em>p<\/em>27,\u2006000(<em>U<\/em><em>S<\/em><\/span>\n1.69) per kilogram on the international market.<\/p>\n<p>\u201cUnder-invoicing means this is not taxable in Indonesia. The state\nhas lost an estimated Rp16,000 trillion over 34 years because of this,\u201d\nAmran revealed.<\/p>\n<p>\u201cNow, we are fighting to correct this,\u201d he added, acknowledging that\nthe reform has faced resistance from affected parties.<\/p>\n<p>Under Government Regulation No.\u00a024 of 2026 concerning the Governance\nof Exports of Indonesia\u2019s Strategic Natural Resource Commodities, the\none-stop export policy took effect on June 1, 2026, and is targeted to\nbe fully operational by January 1, 2027.<\/p>\n<p>To execute the mandate, state financial institution Danantara\nestablished PT Danantara Sumberdaya Indonesia (DSI) as the dedicated\nstate-owned enterprise for exports.<\/p>\n<p>The initial phase of the centralized policy will focus on three key\nstrategic commodities: coal, crude palm oil, and ferroalloys.<\/p>\n<p>Related news: Indonesian govt says shipping sector backs one-stop\nexport policy<\/p>\n<p>Related news: Danantara Sumber Indonesia won\u2019t profit from CPO export\npolicy: Gov\u2019t<\/p>\n<p>Translator: Muhammad Harianto, Yashinta Difa<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/one-stop-export-policy-to-boost-commodity-bargaining-power-minister-1784112613",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}