"We are not making any profit," he remarked when met on Friday.
He conveyed this statement in regard to the government's policy regulating the integrated export of coal, crude palm oil (CPO), and ferroalloy through PT DSI.
Sudaryono stated that PT DSI will function as a management and supervisory entity in the export of national strategic commodities to ensure a more orderly trading mechanism.
He said that this clarification is expected to ease concerns from downstream palm oil businesses, especially refinery operators and exporters involved in export activities.
"We hope that after this, there will be no more concerns, especially for downstream palm oil business players, such as refineries and exporters," he remarked.
The government has set a three-month transition period from June 1 to August 31, 2026, before the export management policy by PT DSI is fully implemented.
During this transition period, the government will introduce a series of regulatory steps to gradually transfer palm oil export management from companies to mechanisms supervised by PT DSI.
Starting January 1, 2027, the government aims to fully implement nationwide management of palm oil, coal, and iron commodity exports through PT DSI.
Meanwhile, Chief Investment Officer (CIO) of Danantara Indonesia, Pandu Sjahrir, stated that PT DSI will operate a profit-oriented business through the management of natural resource exports, in line with the business orientation of the Danantara Investment Management Agency (BPI).
Initially, DSI will function as an agent or intermediary before expanding into other roles in line with the growth of its human resources capacity.
The company will operate in two phases. In the first phase, from June 1 to December 31, 2026, DSI will serve as an appraiser and intermediary between buyers and sellers of selected export commodities.
In the second phase, targeted to begin in January 2027, DSI will purchase commodities from domestic exporters before selling them to international markets.
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Translator: Muhammad Harianto, Resinta Sulistiyandari
Editor: M Razi Rahman
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