Indonesia's sovereign wealth fund Danantara is likely to expand oversight of strategic commodity exports through its unit PT Danantara Sumberdaya Indonesia (PT DSI), initially focusing on coal, crude palm oil (CPO) and ferroalloys as the government seeks greater transparency and control over natural resource shipments.

Danantara CEO Rosan Roeslani said lately DSI is currently prioritizing monitoring of the three key commodities, while the coverage will gradually be expanded to include other strategic resources and extend supervision to ports across Indonesia, Antara News reported.

The initiative forms part of President Prabowo Subianto's push to strengthen governance over natural resource exports and improve oversight of export values, volumes and foreign exchange earnings. PT DSI was established as a state-backed platform under Danantara Indonesia to support a one-stop export management system for strategic commodities.

Rosan said the system would help detect potential export under-invoicing by integrating data from multiple government agencies, including customs, trade, industry and energy authorities, allowing the government to compare export prices, volumes and related payments more effectively.

Indonesia began the initial transition phase of the one-stop export system for coal, CPO and ferroalloys in June, with exporters required to report transactions through DSI while existing commercial contracts continue. The government has said the mechanism is aimed at improving transparency without disrupting trade flows and plans a full takeover by the state-run company from September 1.

The three commodities were selected because of they together accounted for a substantial share of the country's export earnings, making them a priority area for improving resource governance.

Danantara has said the long-term plan is to expand PT DSI's role beyond monitoring into a broader export facilitation mechanism, potentially acting as a single selling agent for strategic commodities, although exporters will continue to manage existing commercial relationships during the transition period.