DSI Formed, Danantara to Honour Existing Export Contracts

Jakarta — Chief Investment Officer (CIO) of Danantara, Pandu Sjahrir, said the group will continue to respect long-term contracts for the sale of natural-resource commodities (SDA) that were previously agreed between exporters and buyers. As part of maintaining the smooth continuity of these contracts, the government is engaging in dialogues with industry players and related associations. “We do not want to disrupt anything with respect to existing contracts; we want everything to run smoothly,” Pandu said at the Coordinating Ministry for Economic Affairs, Jakarta, on 21 May 2026. At present, the government is still collecting feedback from industry. This is part of the discussion surrounding the formation of PT Danantara Sumberdaya Indonesia (DSI) as a Specialised State-Owned Enterprise for Exports. DSI is planned to function as an intermediary for export transactions for a number of strategic commodities before eventually becoming the sole exporter. The commodities in question include palm oil (CPO), coal, and ferro alloys. Meanwhile, Danantara Chief Executive Officer (CEO) Rosan Roeslani also assured that the government will continue to respect long-term contracts already agreed between exporters and buyers. “Not (to terminate contracts); we will honour all existing contracts,” Rosan said. However, he noted that the government will continue to evaluate contracts that appear not to align with global market prices or that involve under-invoicing. In many long-term contracts, the price of the commodity is not fixed at the signing; rather, it follows price movements when shipments commence. “But what we see is that even though they are long-term contracts, the pricing set at the signing is not fixed. When the contract begins to run, we will review whether the contract is below the world market index, and we will review those that are currently in effect,” he said. (Antara)