ICDX Records 96 Percent Increase in Commodity Futures Trading in Q1 2026
Jakarta - The Indonesia Commodity & Derivatives Exchange (ICDX), or the Indonesia Commodity and Derivatives Exchange (BKDI), revealed that the total notional value of transactions throughout the first quarter of 2026 reached Rp12.48 quadrillion, surging 96 percent year-on-year (yoy). ICDX Director Nursalam stated that the transaction volume from January to March 2026 also increased 19 percent yoy to 2.61 million lots, compared to 2.43 million lots with a notional value of Rp6.36 quadrillion in the same period the previous year. “The transaction record in this first quarter is certainly a good start for the commodity futures trading industry in 2026. This shows that this ecosystem continues to gain public trust as one of the investment alternatives,” Nursalam said in an official statement received in Jakarta on Friday. He explained that of the total transactions in the first quarter of 2026, multilateral transactions were recorded at 460,402 lots, up 13 percent yoy from 408,076 lots in January-March 2025. The notional value for multilateral transactions also jumped 233 percent yoy from Rp33.1 trillion in the first quarter of 2025 to Rp110.5 trillion in the first quarter this year. Meanwhile, transactions in the alternative trading system experienced a 6 percent yoy growth in transaction volume from 2.03 million lots in the first quarter of 2025 to 2.15 million lots in the same period this year. The notional value for alternative trading system transactions throughout the first quarter of 2026 was recorded at Rp12.37 quadrillion, growing 95 percent compared to Rp6.33 quadrillion in the first quarter of the previous year. Nursalam conveyed that they are optimistic about the continued increase in commodity futures transactions, aiming for 20 percent yoy growth by the end of this year compared to 2025. He said that one of the efforts to strengthen this growth is by continuing to promote the increase in multilateral transactions, which can serve as a solution for business actors to hedge commodities. “Currently at ICDX, for these multilateral transactions, there are three commodities that form the basis of futures contracts: gold, currencies, and crude oil,” he stated. Throughout 2025, the total transaction volume at ICDX was recorded at 10.33 million lots with a notional value of Rp31.99 quadrillion. From that total, multilateral transactions were recorded at 2.35 million lots with a notional value of Rp427.5 trillion, while alternative trading system transactions were recorded at 7.98 million lots with a notional value of Rp31.57 quadrillion.