According to foreign media reports, the Indonesian Mining Association (IMA) has called on the Indonesian government to provide clearer guidance on the transitional process of new export management rules covering strategic natural resource commodities, and has warned that uncertainty may disrupt business negotiations and market stability.
Previously, the government stated that the complete transfer of coal, crude palm oil and ferroalloys exports to the newly established state-owned trading company would be postponed until January 1, 2027. The originally planned transitional period was to end in September 2026.
This policy is part of President Prabowo Subianto's broader efforts to strengthen the country's control over the export of strategic goods and improve the regulation of export revenues.
According to this plan, the exports of coal, virgin palm oil and ferroalloys will gradually be handled through the state-owned trading company PT Danantara Sumberdaya Indonesia (also known as PT DSI).
The association also emphasized the importance of respecting existing long-term and short-term sales contracts, stating that the industry relies on the clarity and consistency of these contracts to maintain business continuity and safeguard investments.
Indonesia is the world's largest exporter of thermal coal and palm oil, so this policy holds significant importance for the global commodity market.
Indonesian Trade Minister Budi Santoso previously stated that the transitional period would commence on June 1, 2026. Initially, exports would continue to be handled by the existing exporters, but export documents would be issued in the name of PT DSI.
The Chief Economic Minister, Airlangga Hartarto, also stated that the government will exempt nickel pig iron (NPI) and some refined palm oil derivatives from being included in the centralized export mechanism.
Industry groups and rating agencies have warned that if not handled properly, the rapid implementation of this policy could disrupt trade flows and undermine investor confidence.
