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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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Wednesday, 29 June 22
LNG MARKET REMAINS TIGHT - INTERMODAL
LNG market remains tight currently, mainly driven by the US LNG outage from the recent fire in Freeport LNG terminal together with the recent fall ...
Wednesday, 29 June 22
CHINA'S NEW PLAN FOR RENEWABLE ENERGY DEVELOPMENT FOCUSES ON CONSUMPTION - FITCH RATINGS
China’s focus on consumption penetration for renewable energy development in its recently released 14th five-year plan – 2021 to 2025 & ...
Wednesday, 29 June 22
APAC CORPORATE SECTOR OUTLOOKS SHIFT AMID GLOBAL SHOCKS - FITCH RATINGS’
Fitch Ratings’ mid-2022 corporate sector outlook review revealed that the Asia-Pacific (APAC) region saw the largest number of sector outlook ...
Thursday, 16 June 22
MARKET INSIGHT - INTERMODAL
Picking up from my last insight in March, on the early days of the invasion, it's worth pointing out the way that the fast-paced working enviro ...
Saturday, 11 June 22
AIMTEK INTERNATIONAL CONFERENCE AND AWARDS
Press Release: The prestigious AIMTEK International Conference and Awards concluded successfully on June 7th, 2022 at Radisson Blu, Yas Island Abu ...
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- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Mjunction Services Limited - India
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
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