KEY TAKEAWAYS — PP 24/2026
- PP Nomor 24 Tahun 2026 — signed by President Prabowo on 20 May 2026 and published 5 June 2026 — formally establishes PT Danantara Sumberdaya Indonesia (PT DSI Persero) as the designated BUMN Ekspor and sets the single-channel export regime for coal, CPO, and ferro alloy.
- Two critical provisions in PP 24/2026 that were not explicit in the draft: DSI has legal authority to set export selling prices (Pasal 3(2)) and to charge a margin within a ‘reasonable’ threshold (Pasal 3(4)) — DSI is not a pass-through intermediary.
- The exemption clause (Pasal 4(2)) is narrower than the draft implied: private exporters may only bypass DSI if they have an existing government contract that explicitly covers investment, divestment, AND domestic processing/refining — approved through a formal Kemenko rapat koordinasi.
- Three interlocking policy layers now fully in place — together creating the most comprehensive state control over Indonesia’s commodity export chain since the ore export ban: PP 24/2026 (export channel), DHE SDA revision (FX retention), and ESDM royalty revision (fiscal extraction).
Regards, Aldiracita Research