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Monday, 09 November 20
INDONESIA MAY CUT BIODIESEL USE TARGET AS SUBSIDY FUND DEPLETES - FITCH
 The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and sustained strength in crude palm oil (CPO) prices, Fitch Ratings says. Biodiesel is now much more expensive than regular diesel, and the subsidies drawn from an industry fund to promote biodiesel production and use have been increasing.
We estimate that the industry fund will be able to subsidise only around 8 million kilolitres (kl) of biodiesel, compared with the government's target of use of 9.6 million kl in 2020, in the absence of other measures. This suggests that Indonesia may miss its target for 2020. Also, the outlook for biodiesel demand in 2021 and CPO export levies, which contribute to the fund, is uncertain.
We think the government may scale down its plans to increase biodiesel use in Indonesia, take steps to raise collections for the industry fund through higher palm oil export levies or trim subsidies given to biodiesel producers. These actions will not only affect such producers, but are also likely to affect CPO prices and the broader palm oil industry.
Among rated names, Golden Agri-Resources Ltd. (GAR), whose consolidated profile is the basis for the rating of subsidiaries, PT Ivo Mas Tunggal and PT Sawit Mas Sejahtera (both rated A-(idn)/Stable), and PT Tunas Baru Lampung Tbk (TBLA, B+/A(idn)/Negative) have significant biodiesel capacities and it contributes significantly to revenue.
Source: FITCH
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Wednesday, 03 February 21
INDONESIA TO EXPORT 395 MILLION TONS OF COAL IN 2021 - ESDM
Data from the Ministry of Energy and Mineral Resources shows that, Indonesia is planning to produce 550 million Ton of coal in 2021 and as of t ...
Wednesday, 03 February 21
MARKET INSIGHT - INTERMODAL
"2020 the year from hell for the entire world, had everything for shipowners. The introduction of the sulphur cap and VLSFO, a Pandemic outbre ...
Tuesday, 02 February 21
WILL THE ELECTRONIC B/L BE FULLY IMPLEMENTED? FIVE POINTS TO CONSIDER - MOL
KNOWLEDGE TO ELEVATE
The trend towards digitization of Bills of Lading (B/L) has begun to attract attention in the trade and shipping industrie ...
Monday, 01 February 21
A 56,000-DWT OPEN MANILA WAS FIXED FOR A TRIP VIA INDONESIA REDELIVERY CHINA AT $11,500 - THE BALTIC BRIEFING
Capesize
The Capesize routes endured a week of slippage on rates, bringing the market back down to levels seen at the beginning of the month. D ...
Monday, 01 February 21
PAKISTAN: COAL DEMAND EXPECTED TO SPIKE IN 2021 - DAWN
Coal demand is expected to remain upbeat in 2021 as more coal-fired and captive power plants are coming up in the current year.
Acco ...
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- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Planning Commission, India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Parliament of New Zealand
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Economic Council, Georgia
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- White Energy Company Limited
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
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