Glossary · Lembaga
ICDX (Indonesia Commodity and Derivatives Exchange)
ICDX (Indonesia Commodity and Derivatives Exchange) is an Indonesian commodity and derivatives exchange that trades, among other products, CPO futures.
ICDX is a licensed futures exchange. Its CPO contract complements the KPBN physical auction and is one reference for domestic palm oil pricing.
CPO benchmarks used by the government for the reference price and biodiesel HIP draw on these markets and on overseas exchanges.