Indonesia Prepares to Launch New Mineral and Strategic Commodities Exchange, Icomex, in 2027

Published: Aug 17, 2026 17:02

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[SMM Aluminum Express News] Indonesia is preparing to launch a new Mineral and Strategic Commodities Exchange, tentatively called the Indonesia Commodity Exchange (Icomex), with operations targeted to begin on 1 January 2027. Minister of State Secretary Prasetyo Hadi said on 17 August that Icomex would operate broadly like the Indonesia Stock Exchange, but for commodity trading. The government is still developing the price-formation mechanism, which is expected to take into account production costs and international market prices. The government has not yet decided which commodities will be required or eligible to trade through Icomex. CPO, nickel and coal have been cited as examples, but Prasetyo stressed that the final list remains under discussion. The government is also considering how the existing Indonesia Commodity & Derivatives Exchange (ICDX) would fit into the new structure, including whether ICDX could be integrated into Icomex or continue operating separately.

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