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.
|
|
Saturday, 01 August 20
ASIA HOPE FOR LONG-TERM OIL DEMAND - BALTIC BRIEFING
Oil demand in Asia Pacific might be expected to plunge 1.8m barrels per day (bpd) this year, but there are still strong prospects for growth over t ...
Friday, 31 July 20
SHORT-TERM IMPACT ON THE CHEMICAL SHIPPING MARKET IF THE INDIA-CHINA DISPUTE ESCALATES - DREWRY
Due to the India-China dispute, the threat of deteriorating trade relations between the two countries has become real. Meanwhile, we expect freight ...
Friday, 31 July 20
PANAMAX: THE PERIOD MARKET REMAINS QUIET WITH FEW FIXTURES REPORTED - FEARNLEYS
Capesize
After weeks of dropping rates, there are finally some resistance for the Capes. Pacific rounds improving to upper15,000s by the middle ...
Friday, 31 July 20
PANDEMIC SENDING SOUTH AFRICAN COAL INDUSTRY TO EARLIER GRAVE - IEEFA
Could South Africa’s coal export industry, one of the largest in the world, be about to take a severe hit from the coronavirus?
...
Friday, 31 July 20
BOTSWANA PLANS MORE COAL-FIRED POWER AS AFRICAN SOLAR ACCELERATES - IEEFA
An African economic leader like Botswana should embrace solar to reduce subsidies and tariff hikes
As Sub-Saharan solar ambition has ...
|
|
|
Showing 851 to 855 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Eastern Coal Council - USA
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Bhatia International Limited - India
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- The University of Queensland
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Australian Coal Association
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Posco Energy - South Korea
|
| |
| |
|
