by winston » Sun Jun 21, 2026 8:53 am
Indonesia Just Tightened Its Grip on Palm Oil, Coal and Metals. Business Is Alarmed
Indonesia launched a sweeping new commodity export oversight regime, requiring exporters of palm oil, coal and ferro-alloys to report all activity to a new state entity called Danantara Sumberdaya, Indonesia.
Officials insist DSI won't replace private exporters or take over contracts but the technical rules issued this month suggest otherwise, the rupiah is hitting record lows and student protests are mounting over government overreach.
What DSI can actually do to your contracts, pricing and shipments
Why the government won't abandon the policy even as investors pull billions from Indonesian equities
Which commodities are next on the expansion list
How conflict-of-interest risks around Prabowo's inner circle could shape who wins and loses under the new rules
The stakes are enormous: Indonesia controls the world's largest palm oil supply, is a top coal exporter and sits on critical nickel and mineral reserves.
The real risk isn't sudden nationalization, it's a steady rise in compliance costs, margin pressure and policy unpredictability that quietly reshapes how global commodity markets work.
Source: RANE Worldview
It's all about "how much you made when you were right" & "how little you lost when you were wrong"