Indonesia aims to issue rules on commodity exchange by end-November
The new bourse aims to improve transparency and allow greater control over exports of commodities
Indonesia's Financial Services Authority aims to finalize two new regulations by the end of November to govern a planned commodity exchange set to commence operations in January 2027, a senior official disclosed on Tuesday, November 3. The forthcoming commodity bourse intends to enhance transparency and grant more control over the export of key commodities such as coal, nickel, and palm oil, with Indonesia being the world's primary exporter of these resources.
Trading is anticipated to begin on January 4, 2027. Four regulations are currently in progress, encompassing organizational aspects of the bourse, its management, and the products to be traded. Henry Rialdi, deputy commissioner of the Financial Services Authority, revealed to Reuters during an industry conference that two of these regulations are projected to be released before the end of November.
He expressed optimism regarding the timeline for the new bourse's launch. Conversations are underway with the government and sovereign wealth fund Danantara to determine the exchange's operating entity.
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