National Reference Price (Rp/kg)

FAQ

The questions that come up most: what you are buying, how the price is formed, when the money moves, and how you collect the goods.

What exactly am I buying?

The right to a commodity by the kilogram. One kilogram on the market equals one kilogram of goods stored in a licensed warehouse, backed by a Warehouse Receipt verified by PT Kliring Berjangka Indonesia. Once filled, those kilograms are your balance: hold them, sell them on, or redeem the goods.

What is a Warehouse Receipt?

A document of title to goods stored in a licensed warehouse, issued by the warehouse operator and recorded at the Registration Center. It is governed by Law Number 9 of 2006 as amended by Law Number 9 of 2011. For goods entering this market, the Warehouse Receipt is issued in the name of PT Super System Technology as receipt holder; your right per kilogram is recorded on our ledger.

How do I know the goods really exist?

The kilograms in circulation never exceed warehouse stock. New kilograms appear only after KBI verifies a Warehouse Receipt, and any goods leaving the warehouse reduce the amount in circulation. That ratio, with a log of every addition and reduction, is open to KBI and Bappebti.

Is this a digital asset?

No. What you hold is a right to physical goods in a licensed warehouse, not a new instrument and not a derivative. It is recorded on our ledger, which regulators can inspect.

Who keeps the goods?

A licensed warehouse operator. We never take physical custody. Goods leave the warehouse on our instruction as receipt holder — for a redemption or to restock an outlet — and the operator confirms every movement.

How do I pay and get paid?

Deposit rupiah into your account balance from the Funds page. When an offer fills, rupiah moves from buyer to seller and kilograms move the other way in a single record. You can withdraw your balance to your bank account at any time.

How is the price formed?

On an open order book. Every offer carries a firm (limit) price set by the user; matching follows price, then time. The price moves with users' bids and asks — none of it is set by us.

What does it cost?

One service fee, a small percentage of the trade value, charged to both buyer and seller when an offer fills. The rate is shown before you place an offer. Placing, changing, or withdrawing an offer costs nothing. Deposits and withdrawals follow your bank's terms.

How do I collect the goods?

Request a redemption from your account, then bring the code or QR you receive to the nearest outlet. The outlet scans it, hands over the goods, and the redeemed kilograms move from your balance to the asset owner. A minimum redemption quantity applies per commodity, and you can cancel the request until the code is scanned.

Can I sell it on?

Yes. Your kilogram balance can be sold on the same order book, in part or in full, at a price you set. The kilograms you offer are locked while the offer is open.

Who oversees this?

Bappebti and KBI have direct read access to reserves, the log of kilogram additions and reductions, and balances per holder with identities masked. The warehouse operator sees and confirms every movement of goods in its warehouse.

Is the platform live?

Yes. The market runs with the commodities and warehouses connected today, under Bappebti supervision, and its coverage keeps growing. Registration is identity verification so you can start buying and selling.