ACM Exchange Strengthens Commodity Auction Market Ecosystem in Central Java

Jakarta, Indonesia – PT ACM Mercantile Exchange (ACM Exchange) reaffirmed its commitment to supporting the development of Indonesia’s commodity trading ecosystem through its participation in the “Commodity Auction Market (PLK) Socialisation” event held at the Office of the Industry and Trade Agency of Central Java Province.

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The event served as a strategic platform to promote the use of the Commodity Auction Market (PLK) as a transparent, efficient, and organised trading mechanism, while strengthening its connectivity with the Warehouse Receipt System (SRG).

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One of the key highlights of the event was the signing of a Memorandum of Understanding (MoU) between ACM Exchange and the Indonesian Warehouse Receipt System Warehouse Operators Association (Sinnergi).

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This collaboration marks an initial step towards strengthening institutional synergies to support the development of the commodity trading ecosystem, particularly through the integration of the Commodity Auction Market and the Warehouse Receipt System.

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Tirta Karma Sanjaya, Head of Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI), stated:

“The significant commodity potential in Central Java presents opportunities for the development of the Commodity Auction Market as a mechanism to support the trading and distribution of the region’s key commodities. The collaboration between ACM Exchange and Sinnergi represents a strategic step towards strengthening synergies and advancing the integration of the Warehouse Receipt System and Commodity Auction Market ecosystems.”

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He also emphasised the importance of establishing stronger linkages between the Commodity Auction Market (PLK) and the Warehouse Receipt System (SRG). The integration of these two mechanisms is expected to create a mutually supportive trading framework, with PLK serving as a marketing platform and price discovery mechanism for commodities stored in SRG facilities.

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Meanwhile, July Emmylia, Head of the Industry and Trade Agency of Central Java Province, stated:

“Central Java is one of Indonesia’s major food-producing regions, with substantial agricultural commodity potential. Several key commodities, including rice, corn, shallots, and coffee, have demonstrated a positive track record in Commodity Auction Market activities across the province.”

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According to her, the Commodity Auction Market can serve as an alternative trading mechanism that enables farmers, producers, and businesses to shorten supply chains, improve price transparency, and enhance transaction efficiency.

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Arwadi J. Setiabudi, President Director of ACM Exchange, added:

“ACM Exchange’s collaboration forms part of our ongoing efforts to expand strategic partnerships and strengthen commodity trading infrastructure. We hope this partnership will create broader opportunities for collaboration, encourage greater industry participation, and support the development of an increasingly competitive commodity market.”

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Through this socialisation event, stakeholders are expected to gain a deeper understanding of the importance of strengthening synergies between PLK and SRG. This collaboration reflects ongoing efforts to support the development of a more inclusive, transparent, and integrated commodity trading infrastructure.

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Looking ahead, ACM Exchange remains committed to expanding market connectivity and creating sustainable trading opportunities for commodity market participants across Indonesia.

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