Indonesia Seizes Trade Monopolies to Control Global Export Prices #
Jakarta. President Prabowo Subianto stood before parliament on Wednesday to mandate a structural enclosure of the global commodity supply chain. By September, exports of coal, palm oil, and ferroalloys must route exclusively through a newly formed state enterprise, Danantara Sumberdaya Indonesia. The policy executes a sovereign takeover of the archipelago's critical terrestrial inputs. Singapore-listed palm oil producer First Resources Ltd immediately absorbed the friction of this decree, with its shares trading sharply lower as investors priced in the new administrative…