Indonesia’s tighter commodity export control raises concerns over margin pressure for producers
Exports for key materials will go through a single-door system managed by a state-backed entity
[JAKARTA] Regional commodity producers came under pressure on Wednesday (May 20) after Indonesian President Prabowo Subianto announced a sweeping plan to centralise exports of key natural resources through a government-appointed state-owned enterprise.
Analysts said this move could squeeze producer margins and alter how companies trade with overseas buyers.
The policy, unveiled during a parliamentary presentation, will require exports of strategic commodities, including crude palm oil, coal and ferroalloys, to be conducted through a designated state-owned export entity.
TRENDING NOW
Singapore households’ net wealth up, but also taking on more debt such as home loans
With new S$10 million HQ, Jumbo Group looks to Shanghai-focused China strategy, premium dining for growth
Up to 11 new condo projects with 3,550 units lined up for H2 launch as price ceilings emerge
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
