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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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Tuesday, 22 December 20
INDIA'S COAL DEMAND IS SET TO EXPAND DESPITE PLUMMETING IN 2020 - IEA
Coal consumption in India amounted to 979 Mt in 2019, with the largest share being thermal coal (including lignite) for electricity generation (687 ...
Tuesday, 22 December 20
SOUTHEAST ASIA'S COAL DEMAND IS SET TO EXPAND AFTER THE PANDEMIC-INDUCED HIATUS IN 2020 - IEA
Coal consumption in Southeast Asia has more than doubled in the last decade, with the largest growth in Indonesia and Viet Nam, followed by Malaysi ...
Tuesday, 22 December 20
COAL DEMAND IS RISING QUICKLY IN PAKISTAN AND MORE SLOWLY IN BANGLADESH - IEA
Pakistan had 150 MW of installed coal power capacity in 2015. Since 2017, in addition to a few small plants for industry, Pakistan has commissioned ...
Tuesday, 22 December 20
AFRICA PERSPECTIVE INDICATES NO MAJOR SHIFTS FOR COAL CONSUMPTION - IEA
Overall countries on the African continent consumed 197 Mt of coal in 2019, 12 Mt less (-6%) than 2018.
South Africa, the continent& ...
Monday, 21 December 20
COAL PRICES WITHSTAND DESPITE COVID-19 AND CHINESE IMPORT QUOTAS - IEA
Coal prices vary by region as well as by grade and quality. The price rebound starting in 2016 ended in 2018, moving in a downward trend in 2019. A ...
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- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Aditya Birla Group - India
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
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