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, 12 February 20
MARKET INSIGHT - INTERMODAL
The recent Coronavirus outbreak in China has led to a global health emergency by World Health Organization and it is yet to be seen how long the ph ...
Wednesday, 12 February 20
CHANGES IN LNG MARKET COULD UNDERCUT PLANS FOR NEW JAPANESE COAL PLANTS - CLYDE RUSSELL
Reuters: Clyde Russell
The collapse in the spot price of liquefied natural gas (LNG) in Asia is a short-term phenomenon that may wel ...
Wednesday, 12 February 20
THE SHIPPING INDUSTRY SEES FREIGHT MARKETS IN A COMPLETE STATE OF COLLAPSE AS DEMAND GETS PARALYZED DUE TO CORONAVIRUS OUTBREAK - ALLIED
With China and the world still trying to contain the effects and come to terms with the Wuhan novel coronavirus outbreak, the shipping industry see ...
Wednesday, 12 February 20
WORLD STEEL PRODUCTION IN 2019 - BANCHERO COSTA
In a worrying development, global steel production slowed down considerably in the fourth quarter of 2019. In the final 3 months of 2019, total cru ...
Sunday, 09 February 20
SUPRAMAX: THE ASIAN ARENA STRUGGLED, A 50,000DWT SHIP FIXING A COAL RUN FROM EAST KALIMANTAN TO INDIA AT $2,000 - THE BALTIC BRIEFING
Capesize
The Capesize market endured another dreadful week of calamitous rate level falls, as the usual season low Q1 period combined with rece ...
|
|
|
Showing 1141 to 1145 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Planning Commission, India
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Economic Council, Georgia
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
|
| |
| |
|
