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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
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Thursday, 16 August 18
COAL PRODUCTION AT 37.11 PERCENT OF FULL-YEAR TARGET - THE JAKARTA POST
Indonesian coal production was recorded at 180 million tons on Wednesday, or 37.11 percent of the government’s 485 million target this year.
...
Thursday, 16 August 18
OIL MARKET HIGHLIGHTS - OPEC
Crude Oil Price Movements
In July, the OPEC Reference Basket increased marginally by 5¢ m-o-m to settle at $73.27/b. Oil futures saw mixed ...
Tuesday, 14 August 18
THE CAPESIZE MARKET HAS SHOWN A TREMENDOUS COURSE DURING THE PAST 12 MONTHS - THOMAS CHASAPIS
The Capesize market has shown a tremendous course during the past 12 months, having quickly climbed out of the “hole that it had found itself ...
Monday, 13 August 18
A 50,200 DWT FIXED DELIVERY SINGAPORE TRIP VIA INDONESIA REDELIVERY CHINA IN THE LOW $10,000S - THE BALTIC BRIEFING
Capesize
Expectations of a further push in the market were largely unfulfilled last week as rates come under pressure in Asia as the North Atla ...
Friday, 10 August 18
U.S. COAL PRODUCTION TO DECLINE BY 1.8% IN 2019 BECAUSE COAL EXPORTS AND COAL CONSUMPTION ARE BOTH FORECAST TO DECREASE - EIA
EIA forecasts U.S. coal production will decline by 1.1% to 766 million short tons (MMst) in 2018 despite a 5.7% (6 MMst) increase in coal exports.
...
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Showing 1646 to 1650 news of total 6871 |
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- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- White Energy Company Limited
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
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