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Friday, 08 July 22
INDONESIA MULLS MORE FREQUENT SETTING OF CRUDE PALM OIL REFERENCE PRICE - REUTERS
Indonesia is considering setting its crude palm oil (CPO) export reference price every two weeks instead of monthly, a senior trade ministry official said on Wednesday, aiming to adjust quicker to fast-changing international market prices.
The government currently sets a monthly reference price based on Indonesian, Malaysian and European crude palm oil prices. That price is used to determine the palm oil export tax and levy each month.
“Within a month the (global) price can be volatile, we are considering to set the export reference price by every two weeks,” senior official Veri Anggrijono told media on Wednesday.
The Malaysian benchmark palm oil futures fell 22% in June and have slumped more than 20% so far in July, a result of Indonesia boosting exports and expectation of Malaysian production increasing, while global demand is sluggish amid recession concerns. POI/
Veri did not give a time frame for when a decision would be made, but said authorities were hearing views from stakeholders, government bodies and industry participants about the proposal.
He said some businesses might find the two-week period burdensome as they may need to adjust their contracts at the same frequency.
Indonesia currently charge a maximum $288 per tonne for export tax and until July 31 will charge a maximum $200 per tonne export levy for when the reference price exceeds $1,500 per tonne.
Source: Reuters:
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Tuesday, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize
Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. A ...
Tuesday, 19 July 22
WHY SHIPPING MIGHT BE ABOUT TO GET A LITTLE BIT SLOWER - WORLD ECONOMIC FORUM
If shipping is the beating heart of global trade, its pulse is about to get slower.
Faced with uncertainty about which fuels to use in the long ...
Tuesday, 19 July 22
GERMANY'S INCREASED COAL, OIL USE WILL BE TEMPORARY, SCHOLZ SAYS - CNBC
Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war i ...
Tuesday, 19 July 22
INDONESIA REMOVES PALM OIL EXPORT LEVY UNTIL AUG. 31 - REUTERS
Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finan ...
Tuesday, 19 July 22
CHINA'S JUNE DAILY COAL OUTPUT JUMPS ON PEAK SUMMER DEMAND - REUTERS
China’s daily coal output in June rose 6.6 per cent from a month earlier as miners cranked up output ahead of peak summer temperatures, when ...
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- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- The University of Queensland
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
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