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.
|
|
Wednesday, 19 February 20
AS OCEAN TEMPERATURES RISE, SHIPOWNERS LOOK FOR WAYS TO COPE - WARTSILA
The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majo ...
Wednesday, 19 February 20
MARKET INSIGHT - INTERMODAL
The coronavirus outbreak is estimated to negatively affect global economy by at least EUR400bn this year, representing around the 0.4% of global GD ...
Tuesday, 18 February 20
WEEKLY MARKET ANALYSIS - ALLIED
Under such poorly performing market circumstances, many usually take the historical approach, in order to better understand and further analyze the ...
Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro Me ...
Tuesday, 18 February 20
ADARO REMAINS POSITIVE ON THE LONG-TERM FUNDAMENTALS OF COAL MARKET SUPPORTED BY THE SOUTHEAST ASIA AND SOUTH ASIA REGION
The global seaborne thermal coal market in 2019 was faced with macro and industry challenges which pushed international coa ...
|
|
|
Showing 1121 to 1125 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Indian Energy Exchange, India
|
| |
| |
|
