The Head Of Bappebti Stated That Setting The Prices Of PBK Commodities Will Be A Key Focus In Bappebti's Strategic Plan For 2025-2029

The Head of the Commodity Futures Trading Regulatory Agency (Bappebti), Kasan, stated that establishing commodity prices through the Commodity Futures Trading (PBK) mechanism is a key focus in Bappebti's Strategic Plan (Renstra) for 2025-2029. For Kasan, achieving the formation of PBK commodity prices is a strategic goal outlined in five priority areas for strengthening Bappebti. This discussion on the Renstra for 2025-2029 took place during a focused group discussion (DKT) held at Discovery Hotel, Jakarta on Monday (November 25).

Present at the DKT were Bappebti Secretary Olvy Andrianita, Head of the Bureau for PBK Development Tirta Karma Senjaya, Head of the Bureau for Warehouse Receipt System (SRG) and Commodity Auction Market (PLK) Heryono Hadi Prasetyo, along with representatives from exchanges, clearinghouses, and associations in the PBK sector.

Kasan mentioned separately on Monday (November 25) that the formation of commodity prices through the PBK mechanism is a central focus in the Renstra for 2025-2029. This is a strategic goal for Bappebti, detailed in five priority areas for strengthening the agency.

Kasan outlined the first priority as achieving food self-sufficiency through the development of the Indonesian Crude Palm Oil (CPO) Exchange for both futures and physical trading, establishing commodity futures contracts, strengthening multilateral commodity-based futures contracts, enhancing synergy between SRG and PLK for spot and forward systems, and optimizing the use of SRG to ensure food availability.

Next, Kasan explained that the second priority is energy self-sufficiency through strengthening contracts for Renewable Energy Certificates (REC) in the Futures Exchange. The third priority focuses on downstream products by developing commodity futures contracts for nickel, enhancing multilateral commodity-based futures contracts for tin, and optimizing physical gold trading digitally.

Kasan added that the fourth priority includes strengthening oversight, enforcement, action, and regulation. This is detailed through enhancing oversight and law enforcement in the areas of PBK, SRG, and PLK, improving regulations for these sectors, and increasing inclusion and literacy.

Lastly, the fifth priority focuses on governance and strengthening human resources (HR). This priority is implemented through the integration of Bappebti's service systems, collaboration with foreign authorities and exchanges, enhancing HR, improving work efficiency, and managing the state budget effectively, Kasan explained.

Kasan stated that the carefully crafted policy direction and Bappebti's strategic plan for 2025–2029 will guide Bappebti in creating a fair, transparent, and efficient PBK industry. Therefore, these policies are expected to provide greater benefits to the community. Furthermore, Kasan elaborated that besides these five priorities, Bappebti is committed to regularly reviewing the Commodity Futures Trading Regulatory Agency (Perba) regulations related to commodities. This is to ensure that the regulations remain relevant and support market development. With these strategic steps, Bappebti is optimistic that the PBK, SRG, and PLK industries will play a significant role in promoting sustainable and equitable national economic growth. Additionally, Bappebti emphasizes the importance of aligning work programs among stakeholders in the PBK sector with Bappebti's policy direction, the Ministry of Trade, and relevant stakeholders through the alignment of the Annual Budget Work Plan (RKAT) for PBK stakeholders in 2025 with Bappebti's policy direction and strategic plan for 2025–2029. On the other hand, Bappebti ensures that its strategic plan for 2025–2029 aligns with the vision and mission of President Prabowo Subianto.

Tag: Bappebti Commodity Futures Trading PBK