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Prabowo Plans Indonesian Commodity Exchange to Control Prices

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Prabowo Plans Indonesian Commodity Exchange to Control Prices Indonesian President Prabowo Subianto said the country would open a new commodity exchange in an effort to exert more influence on world commodity prices. Indonesia plans to launch a Strategic Mineral and Commodity Exchange on Jan. 1 2027, Prabowo said in his annual budget address on Friday. The bourse would be used to build reference prices for the country’s main export commodities and would be supervised by the Financial...

Prabowo Plans Indonesian Commodity Exchange to Control Prices Indonesian President Prabowo Subianto said the country would open a new commodity exchange in an effort to exert more influence on world commodity prices. Indonesia plans to launch a Strategic Mineral and Commodity Exchange on Jan. 1 2027, Prabowo said in his annual budget address on Friday. The bourse would be used to build reference prices for the country’s main export commodities and would be supervised by the Financial Services Authority.
Prabowo (ORG) Indonesian Commodity Exchange (ORG) Control Prices Prabowo (ORG) Control Prices (ORG) Indonesian (ORG) Prabowo Subianto (PERSON) Indonesia (LOCATION) Strategic Mineral and Commodity Exchange (ORG) the Financial Services Authority (ORG)
Originally published by Bloomberg Markets Read original →