Indonesia Unveils Bid to Become Global Commodity Price-Setter
President Prabowo announces ambition to establish Jakarta as regional pricing hub, but execution hinges on market credibility and infrastructure depth
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President Prabowo announces ambition to establish Jakarta as regional pricing hub, but execution hinges on market credibility and infrastructure depth

Jakarta plans a January 2027 start for a Strategic Minerals and Commodities Exchange, but questions remain over product standards, market depth and regulatory framework.

The country's largest palm oil mill operator is pivoting to direct oil sales and investing heavily in workforce productivity to quadruple profits by decade's end.

Malaysia's eastern state posts RM105.5 billion in total trade, with crude petroleum and palm oil driving exports amid weakening global commodity demand

Palm oil exemptions shield sector while benchmark index drops 0.79% amid trade tensions and oil price surge

August pricing expected between RM4,400 and RM4,650 per tonne, supported by regional biofuel demand and resilient extraction rates

Rice and palm oil producers brace for drought conditions while fertilizer costs remain elevated from Strait of Hormuz disruptions