Business · Singapore Bureau
Indonesia plans credible commodity exchange launch in January
Indonesia's incoming chief commodity exchange supervisor has pledged to establish a trustworthy trading platform, with operations slated to commence on January 1. The new bourse aims to strengthen the country's commodity trading infrastructure.
LSN Singapore ·
Indonesia is moving forward with plans to establish a commodity exchange that prioritises transparency and credibility, according to Sarjito, the incoming chief supervisor of the institution. The new exchange is scheduled to begin operations on January 1, marking a significant development in the country's commodity trading landscape. Sarjito's appointment signals the authorities' commitment to creating a regulated marketplace that meets international standards and instils confidence among traders and investors. The establishment of a trustworthy exchange is expected to streamline commodity transactions and improve price discovery mechanisms across key sectors including agriculture, energy and minerals. The initiative reflects Indonesia's broader efforts to strengthen its capital markets infrastructure and attract greater participation from domestic and international market participants in commodity trading activities.