Danantara: Exports Through PT DSI Will Not Disrupt Commodity Markets

Danantara Indonesia confirms that the formation of PT Danantara Sumber Daya Indonesia (PT DSI) will not disrupt Indonesia’s commodity export markets. The statement was made by Rohan Hafas, Managing Director of Stakeholders Management & Communications at Danantara, in response to concerns from business actors about sales certainty and trading relationships with foreign buyers that have historically been direct. Hafas said that commodity export markets for coal and crude palm oil (CPO) are already globally formed. Moreover, he noted, transactions are conducted through international commodity exchange mechanisms. Therefore, according to him, changes to the export mechanism will not eliminate market access for business players. ‘I am also concerned about whether businesspeople have customers,’ he said. ‘The commodity exchanges in the world have already been formed,’ Hafas told a press conference at Wisma Danantara, Jakarta, on Wednesday, 20 May 2026. Moreover, Hafas stressed that PT DSI will not act as a party that determines the price of commodities. The company will merely oversee transactions so that export prices remain aligned with market mechanisms and to prevent under invoicing or under pricing. He said that coal and CPO prices already have international benchmarks, so trade will continue to follow global market prices. Therefore, Danantara views concerns about government price intervention as not needing to be blown out of proportion. Hafas said the formation of PT DSI aims to strengthen export oversight and prevent state revenue leakage resulting from manipulation of export values. He claimed that under invoicing has persisted for decades and has potentially cost the state around Rp 15,400 trillion since 1991. Previously, President Prabowo Subianto said the government would require that exports of a number of strategic natural resources be carried out by a designated state-owned enterprise as the sole exporter. In the initial phase, the policy would cover exports of palm oil, coal, and ferro alloy. In his address to the House of Representatives on the Macro Economic Framework and Fiscal Policy Basic Policy of the 2027 RAPBN, Prabowo said the policy aims to strengthen export oversight, curb transfer pricing and under invoicing, and ensure export earnings are more optimally remitted into the country.