CommoditiesIndustry frets as government targets palm oil, coal and key mineralsWorkers walk near coal barges in Palembang, Indonesia: Commodity producer shares fell on May 20, after the government announced new export controls. © ReutersISMI DAMAYANTI and REZHA HADYANMay 20, 2026 15:33 JSTJAKARTA -- Indonesian President Prabowo Subianto on Wednesday announced the formation of a state-owned enterprise that will take over control of exports of key commodities, sparking an outcry in the affected industries.