Indonesia’s President Prabowo Subianto said the country will open a new commodity exchange to increase its influence on global commodity prices. The announcement is directionally supportive for Indonesia’s market role, but no pricing, timing, or contract details were provided. Expected near-term impact is limited, with potential incremental effects mainly for regional commodity trading.
Indonesia’s President Prabowo Subianto said the country will open a new commodity exchange to increase its influence on global commodity prices. The announcement is directionally supportive for Indonesia’s market role, but no pricing, timing, or contract details were provided. Expected near-term impact is limited, with potential incremental effects mainly for regional commodity trading.
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