We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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, finance ministry officials said on Saturday, adding the move would not disrupt government revenues.
The decision by the world’s biggest palm oil exporter could further depress prices FCPOc3, which have fallen by about 50% since late April to their lowest in over a year.
Indonesian palm oil producers have been struggling with high inventories since the country imposed a three-week export ban through to May 23 to reduce domestic cooking oil prices.
Since lifting the ban, Jakarta has implemented rules on mandatory local sales – known as the domestic market obligation (DMO) – to keep produce at home to be made into cooking oil.
At the same time, it has tried to clear up storage tanks by cutting export taxes and launching a shipment acceleration programme, but exports remained slow and companies have blamed the DMO rules, as well as problems with securing cargo vessels.
The levy removal is intended to further support exports, Febrio Kacaribu, the ministry’s head of fiscal policy agency, told reporters on the sideline of a G20 finance meeting in Bali.
“In the context of government revenues, (the impact) won’t be too big,” he said.
Finance Minister Sri Mulyani Indrawati said a progressive palm oil export levy would be applied starting Sept. 1, with the rate set between $55 and $240 per tonne for crude palm oil, depending on prices.
High palm oil stocks have forced mills to limit purchases of palm fruits. Farmers have complained their unsold fruits have been left to rot.
There were 7.23 million tonnes of crude palm oil in storage tanks at the end of May, data from the Indonesian Palm Oil Association (GAPKI) showed on Friday.
GAPKI welcomed the new measure, but it recommended the DMO rules be removed too, its secretary general Eddy Martono said.
“For now remove the DMO … until stocks drop to 3 million to 4 million tonnes. Our problem now is the inventory is too high,” he told Reuters.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 13 November 20
SHIPPING OUTLOOK TURNS STABLE ON EBITDA GROWTH, IMPROVING SUPPLY-DEMAND BALANCE - MOODY’S
Outlook revised to stable from negative.
The global shipping industry is on course to perform better overall than we had previously ex ...
Friday, 13 November 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
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 ...
Monday, 09 November 20
SOUTH AFRICA: COAL MARKET CONDITIONS HAVE ' DETERIORATED MATERIALLY' - IEEFA
The Asian seaborne thermal coal pool is drying out
Resource Generation Ltd’s proposed but long delayed Boikarabelo coal mine i ...
Friday, 06 November 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
|
|
|
Showing 736 to 740 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Australian Coal Association
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- CNBM International Corporation - China
- The University of Queensland
- White Energy Company Limited
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
|
| |
| |
|
