Industrial Policy & Trade Monitor· 2663 actions· ✨ 89 recent

Indonesia's Komite Anti Dumping Indonesia (KADI) issued an affirmative preliminary dumping-and-injury determination against hot-rolled coil (HRC, uncoated/unplated, width ≥600mm, HS 7208 subheadings) originating from Wuhan Iron and Steel Co., Ltd (WISCO) of the People's Republic of China. The resulting provisional anti-dumping duty (Bea Masuk Antidumping Sementara / BMADS) of 17.50% ad valorem was imposed via Peraturan Menteri Keuangan (PMK) No. 32 Tahun 2026, effective 27 May 2026 through 22 November 2026. Under Indonesia's PP No. 34/2011 statutory framework, KADI must complete its investigation within 12 months; a definitive duty, revision, or termination will follow.

On 20 May 2026 President Prabowo Subianto signed a Government Regulation (Peraturan Pemerintah tentang Tata Kelola Ekspor Komoditas Sumber Daya Alam) establishing PT Danantara Sumber Daya Indonesia (DSI) — a wholly-owned subsidiary of the Danantara sovereign-investment holding company — as the sole legal exporter ("eksportir tunggal") for palm oil (CPO and derivatives), thermal and metallurgical coal, and ferroalloys (ferronickel, nickel pig iron, ferromanganese, ferrochrome), representing approximately USD 65 billion in annual Indonesian export proceeds. A phased implementation architecture applies: a transition period from 1 June through 31 August 2026 during which private exporters continue direct contractual relationships but must route all export documentation through DSI as the mandatory single-window reporting layer; followed by full implementation from 1 September 2026 under which DSI assumes the entire export chain including contract negotiation, buyer relationship, shipment booking, and payment receipt. The stated rationale is to strengthen export-flow oversight, eliminate under-invoicing and transfer-pricing-driven capital flight, and improve DHE-SDA foreign-exchange retention compliance.

Minister of Trade Regulation No. 12 of 2026, signed by Trade Minister Budi Santoso and effective on its date of promulgation (29 April 2026), is the fifth amendment to Permendag 23/2023 on Export Policy and Regulation. It introduces a new discretionary authority — distinct from administrative sanctions — for the Director General of Foreign Trade to suspend issuance of, freeze, and revoke Business Licensing in the Export Sector (Perizinan Berusaha di Bidang Ekspor), and to suspend verification / technical-tracing services. Crucially, it institutionalises cross-ministerial initiating authority: other ministries and agencies may formally propose suspension / freezing / revocation, with proposals reviewed in coordination meetings convened under the Coordinating Ministry for Economic Affairs or the Coordinating Ministry for Food Affairs. Decisions are issued via INATRADE / SINSW with automated notification to exporters. The stated rationale is protecting national interests, public welfare, government-programme implementation, and presidential directives — operationalised as safeguarding domestic supply of "certain goods" (palm oil, rice, sugar, mineral, and fertiliser categories cited in policy framing).

Indonesia's Ministry of Energy and Mineral Resources (ESDM) issued Ministerial Decree No. 144.K/MB.01/MEM.B/2026, effective 15 April 2026, fundamentally restructuring the Nickel Ore Benchmark Price (Harga Patokan Mineral, HPM) formula that governs the minimum domestic transaction price for ore sales from IUP/IUPK miners to downstream processors. For the first time the HPM uses a multi-element comprehensive pricing formula incorporating by-product credits for cobalt, iron, and chromium alongside nickel content, and raises the Correction Factor (CF) for 1.6%-grade ore from 17% to 30% (a ~76% increase), with an inverse-linear ±1% CF adjustment per ±0.1% grade variance. The reform also shifts HPM measurement from dry-metric-ton (US$/dmt) to wet-metric-ton (US$/wmt) with explicit moisture-content deduction, covers 10 minerals including bauxite, and replaces Kepmen ESDM No. 268.K/2025. The measure redistributes economic rent from the downstream Chinese-backed HPAL/RKEF processing complex toward upstream Indonesian miners, tightening margins across Indonesia's ~50%-of-global-supply nickel-ore industry.

Minister of Trade Regulation No. 5 of 2026, signed on 26 March 2026 and effective 1 April 2026, is the fourth amendment to Permendag 23/2023 on Export Policy and Regulation. It introduces three substantively significant changes: (i) restricts issuance of Export Approval (Persetujuan Ekspor / PE) for ilmenite and rutile concentrate to holders of IUP/IUPK Operasi Produksi mining permits — eliminating the prior Izin Usaha Industri (IUI) industrial pathway — extending Indonesia's hilirisasi vertical-integration doctrine to titanium feedstock; (ii) removes the Eksportir Terdaftar (ET) registered- exporter requirement for industrial tin exports, simplifying the export chain to PE + Laporan Surveyor (LS) only; (iii) mandates electronic and automatic issuance of PE where the integrated INATRADE/SINSW system documentation is complete, digitising the export-licensing chain. Additional changes tighten kratom ET validity to a three-year cap and reassign marine-species transport- document authority from the Ministry of Forestry to the Ministry of Marine Affairs and Fisheries.

Minister of Trade Regulation No. 6 of 2026 (Permendag 6/2026), signed 26 March 2026 and effective 1 April 2026, amends the appendix of Permendag 22/2023 on Goods Prohibited for Export, making four substantive changes to Indonesia's prohibited-export list: (i) nitrogen-containing mineral and chemical fertilizers, including urea in all forms, are added to the prohibited-export list as a food-security instrument; (ii) rice is removed from the prohibited-export list, partially reversing a long-standing prohibition; (iii) rough wood, sawn wood, and wood carpentry and building products are added as value-added-export-requirement items, extending Indonesia's hilirisasi downstream-processing doctrine from minerals into the forestry-products sector; and (iv) rattan weaving materials remain prohibited for export. Together with the simultaneously enacted Permendag 5/2026 (fourth amendment to Permendag 23/2023 on export-licensing procedures), this forms Indonesia's most consequential 2026 export-regulation package.

Indonesia's Ministry of Energy and Mineral Resources (ESDM) confirmed it has officially cut the 2026 nickel-ore Work Plan and Budget (RKAB) production ceiling to 260–270 million wet metric tonnes (wmt), down from the ~379 million wmt approved for 2025 — a reduction of roughly one-third. Actual 2026 production is targeted at approximately 209–210 million tonnes. Minister Bahlil Lahadalia framed the cut as a supply-demand balancing measure to stabilise nickel prices and conserve reserves; the government first signalled the production control on 23 December 2025, after which world nickel prices rose from roughly US$14,800/t under oversupply to above US$17,000–18,800/t. This is the operative 2026 application of the annual RKAB cycle established by Permen ESDM 17/2025.

At the Indonesia Economic Outlook 2026 forum in Jakarta on 13 February 2026, Energy and Mineral Resources Minister Bahlil Lahadalia announced the government is "studying the termination of tin exports" as the next phase of Indonesia's hilirisasi (downstream processing) programme, explicitly framing it as the successor to the 2020 nickel ore export ban and the 2023 bauxite export ban. Indonesia is the world's largest refined tin exporter, with Bangka Belitung province accounting for approximately 81.7% of provincial export value (~USD 1.6bn in 2025); no formal decree (Permendag or Kepmen ESDM) has been issued as of June 2026, placing this action in a pre-legislative signalling stage.

Indonesia's Ministry of Finance imposed a definitive import safeguard duty (Bea Masuk Tindakan Pengamanan / BMTP) on imported cotton woven fabric, covering 16 eight-digit HS codes (5208/5209/5210/5211/5212 cotton-fabric lines), effective 10 January 2026 for three years. The duty follows a KPPI safeguard investigation that found an import surge causing serious injury to Indonesia's domestic weaving industry. The duty is a specific (absolute-rupiah) levy that declines over the three-year term, and 122 countries are exempted subject to certificate-of-origin verification.