Indonesian Political, Business & Finance News

Danantara Will Not Take Margins from Commodity Exports

| Source: TEMPO_ID_BISNIS Translated from Indonesian | Trade

The Chief Operating Officer of Danantara Indonesia, Dony Oskaria, stated that PT Danantara Sumberdaya Indonesia (DSI) will not take profit margins when acting as the sole exporter for several strategic commodities. Instead, the state-owned enterprise will only charge service fees for the services provided during the export process.

“It has never occurred to us to suddenly become middlemen. For instance, if the price is 5, and we add another 5, then sell it for 10. That would not be viable because international price benchmarks already exist,” Dony told reporters at the parliamentary complex on Monday, 8 June 2026.

According to Dony, the single-door export system will be fully managed by PT DSI starting January 2027. From now until 31 December 2026, commodity export activities will continue to follow contracts previously agreed upon by individual companies with overseas buyers.

During this transition period, PT DSI will continue its functions and begin implementing service fees. This scheme will be in effect for the next six months before the single-door export system is fully implemented in 2027.

Dony explained that service fees are collected because PT DSI is responsible for ensuring the export process complies with regulations, including verifying and inspecting commodities destined for overseas markets.

“Our role is to provide a service and ensure that entrepreneurs have legal standing, confirming that what they export is verified in terms of both price and quantity,” he said.

He also emphasised that PT DSI will not repeat the practices once used by the Clove Buffer and Marketing Agency (BPPC) during the New Order era, where the agency purchased cloves from farmers at lower prices and profited from the price difference.

Previously, the government restructured the export governance of strategic natural resource commodities through a Government Regulation (PP) effective from 1 June 2026. This regulation mandates that export rights for these commodities are reserved exclusively for State-Owned Enterprises (SOEs).

In its implementation, the government has appointed PT Danantara Sumberdaya Indonesia as the sole exporter SOE. Through this new model, the government claims it can secure revenues of US$150 billion, or approximately Rp 2,654 trillion.

The government has limited this single-door policy to three strategic non-oil and gas commodities that account for nearly 60 per cent of total national exports. The upstream oil and gas sector is excluded from this new regulation.

The three commodities included in the single-door export scheme are crude palm oil and its derivatives from the plantation sector; coal; and ferroalloys, including ferronickel from the metal mineral sector.

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