Danantara to Become Sole Buyer of Strategic Export Commodities Starting in 2027
Lisa Monica, Dhika Priambodo
21 Mei 2026
Danantara CEO, CIO, and COO during the launch in 2025
JAKARTA —
Danantara Indonesia plans to transform
PT Danantara Sumber Daya Indonesia (DSI) into the sole buyer of selected strategic export commodities beginning in
January 2027, as part of a broader effort to improve export governance, increase foreign exchange earnings, and eliminate under-invoicing practices.
According to Danantara Chief Executive Officer
Rosan Roeslani, DSI was established to address revenue losses caused by under-invoicing, a practice in which exporters report transaction values below actual market prices.
Such practices reduce tax collections and often allow export proceeds to remain overseas rather than entering Indonesia’s domestic financial system.
“This is aligned with OECD principles, where we want to uphold governance, transparency, and accountability so that there is no longer any potential for illicit financial flows,” Rosan said during a press conference at the Indonesian Parliament complex on May 20, 2026.
Two-Phase Implementation
Rosan explained that DSI will operate in two stages.
Phase One: June–December 2026
Beginning
June 1, 2026, DSI will function primarily as:
- An invoice verification authority
- An intermediary between Indonesian exporters and international buyers
- A monitoring platform for commodity transactions
During this period, exporters will continue selling directly to overseas customers, while DSI oversees pricing transparency and reporting compliance.
Phase Two: Starting January 2027
Beginning in
January 2027, DSI is expected to become the direct purchaser and exporter of selected strategic commodities.
Under this model, Indonesian producers would sell their commodities to DSI, which would then handle international sales.
“What we are trying to do is reduce it as much as possible—zero under-invoicing, zero transfer pricing,” Rosan said.
Strategic Commodities Targeted
Danantara Chief Investment Officer
Pandu Patria Sjahrir stated that the initiative was mandated directly by President
Prabowo Subianto to strengthen Indonesia’s export governance system.
Initially, DSI will focus on three major export commodities:
- Coal
- Crude Palm Oil (CPO)
- Ferroalloys
The company is also expected to improve management of export proceeds, which the government believes have not fully benefited Indonesia’s economy because significant funds remain overseas.
According to Pandu, DSI will serve as a centralized platform for export data consolidation, trade governance, and commodity transaction monitoring.
“This is one platform with multiple benefits. What we want is that if the world benefits, Indonesia should benefit even more,” he said.
Industry Concerns
Not everyone is convinced the transition will be straightforward.
One mining industry executive, speaking separately, raised two major concerns.
Working Capital Requirements
Indonesia exports approximately
555 million tons of coal annually, with an estimated market value of around
US$31 billion per year.
A sole buyer would need substantial working capital to pay producers while awaiting payment from overseas customers.
“That financing gap alone could amount to tens of billions of dollars. Danantara is a newly established institution and does not yet have a proven operational treasury track record at this scale,” the executive said.
Commodity Blending Capability
The executive also noted that Indonesian coal varies significantly in calorific value and quality.
Major buyers in China, India, and Japan often require customized specifications, making coal blending a critical part of the export process.
“Coal blending is not simply mixing products together. It requires physical infrastructure, technical expertise, and long-term terminal contracts. This is not a capability that can be built in six months.”
The executive added that any entity controlling exports of coal, CPO, ferroalloys, and other strategic commodities would effectively oversee commodity flows worth tens of billions of dollars annually.
“This represents an extraordinarily large concentration of economic power.”
Strategic Significance
If implemented as planned, DSI would become one of the most influential state-owned trading entities in Indonesia, overseeing a substantial portion of the country's natural resource exports.
Supporters argue the system could improve transparency, reduce tax leakage, strengthen foreign exchange inflows, and enhance oversight of strategic commodity trade. Critics, however, question whether the operational, financial, and logistical requirements can be met within the proposed timeline.
Source: Investor Daily (DK)
Danantara bentuk DSI yang akan jadi pembeli tunggal komoditas ekspor strategis mulai tahun 2027.
www.idnfinancials.com
The move faces a real uphill battle disrupting the deep trading ecosystem overnight Read more at The Business Times.
www.businesstimes.com.sg
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Danantara Explains Why PT DSI Will Become Indonesia’s Sole Natural Resources Export Gateway
Sabrina Mulia Rhamadanty
20 May 2026
JAKARTA —
Danantara Indonesia has explained the rationale behind the creation of
PT Danantara Sumberdaya Indonesia (DSI), which is intended to become the country’s central export manager for strategic natural resource commodities.
According to Danantara Managing Director for Stakeholder Management
Rohan Hafas, one of the main reasons for establishing DSI is the government’s concern over widespread
under-invoicing practices in Indonesia’s commodity export sector.
Under-invoicing is an illegal practice in which exporters or importers report transaction values below their actual market value, typically to reduce tax liabilities, export duties, or other obligations.
“As the President highlighted earlier, Indonesia experienced Rp15,400 trillion (approximately $962.5 billion USD) in under-invoicing over a 34-year period,” Rohan said at Wisma Danantara in Jakarta on May 20, 2026.
According to Rohan, President
Prabowo Subianto stated that Indonesia lost potential state revenue between
1991 and 2024 because export values were frequently reported below their true market prices.
“The state did not receive the taxes it should have collected. Only about 20% was received, while 80% was effectively lost,” he said.
Danantara believes that DSI can help eliminate such practices by ensuring export transactions are conducted transparently and that export-related revenues remain within Indonesia’s financial system.
Rohan also highlighted another concern: transactions conducted between affiliated companies.
According to the government, some exporters sell commodities to related entities abroad at artificially low prices, after which profits are retained overseas rather than repatriated to Indonesia.
“What is even more damaging is when the overseas buyer is affiliated with the seller, and the profits are effectively parked abroad,” Rohan said.
To address these issues, DSI is expected to act as a centralized commodity trader, seller, and price-monitoring institution for key Indonesian export commodities, including:
- Coal
- Crude Palm Oil (CPO)
- Ferroalloys
Previously, Danantara Chief Executive Officer
Rosan Roeslani said the establishment of DSI follows a directive from President Prabowo to improve transparency and accountability in Indonesia’s natural resource commodity trade.
“We have established PT Danantara Sumber Daya Indonesia. The primary objective is to strengthen transaction transparency,” Rosan said during a press conference on Indonesia’s 2027 Macroeconomic Framework and Fiscal Policy Guidelines.
The government believes that export value manipulation has affected several strategic commodities for many years, reducing tax revenues, royalty payments, and foreign exchange earnings.
Under the new framework, DSI will oversee:
- Export shipment volumes
- Export pricing
- Commodity delivery mechanisms to international markets
The first phase of implementation is scheduled to begin in
June 2026.
During this initial phase, exporters will be required to report all natural resource commodity export transactions comprehensively to DSI. The government will then evaluate whether export prices are consistent with international market benchmarks and fair market values.
Officials expect the system to improve efficiency, increase transparency, and strengthen oversight of Indonesia’s commodity export sector.
Source: Bloomberg Technoz
Danantara mengemukakan alasan pembentukan PT Danantara Sumberdaya Indonesia (DSI) sebagai badan pengelola ekspor sumber daya alam
www.bloombergtechnoz.com
