Agriculture in Indonesia the 16th century. Indonesia is both the world's biggest producer and consumer of the commodity, providing about half the world supply. Oil palm plantations stretch across 6 million hectares. Palm oil is the essential ingredients to produces cooking oil, as well as other food and cosmetics products. The country also aimed to be the largest palm-based biofuel production center. Coconut plays an important role in Indonesian cuisine as well as its economy. Coconut milk is an important common ingredients in numbers of Indonesian favourites, including "rendang" and "soto". According to figures published in December 2009 by the Food and Agriculture
Indonesia Commodity and Derivatives Exchange facilitates services clients’ transactions overing ICDX products. Trading in ICDX will be settled, guarantee and cleared by Indonesia Clearing House (ICH). ICDX membership consists of traders, brokerage firms, and foreign traders (remote members). All members have an option as the Exchange clearing members. ICDX offers a wide range of commodity products which includes the three major groups of commodities: Metals, Soft Agricultural Products, and Energy. More products will be added to ICDX’s growing list of products in phases. Indonesia ICDX has launched: - Delivery - Non delivery ICDX Indonesia Commodity and Derivatives Exchange Indonesia Commodity and Derivatives Exchange (ICDX) ()