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JFX CEO Calls for Strengthening Price Discovery in Indonesia

Guavy AI Editorial Team
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JFX CEO Yazid Kanca Surya emphasizes the importance of strengthening price discovery in Indonesia to build a more credible domestic commodity reference price.

As the world's largest palm oil producer, Indonesia has a strategic position to establish a more credible domestic reference price through transparent and sustainable trading activities.

The President Director of PT Bursa Berjangka Jakarta (JFX) stated that strong reference prices are not born from unilateral determination but from transactions that reflect the interaction between supply and demand in the market.

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