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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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Friday, 01 September 17
U.S COAL OUTPUT DIPS WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short ton ...
Thursday, 31 August 17
SUPRAMAX: INDO TO CHINA COAL TRIPS AT AROUND $9000, DELIVERY THAILAND - FEARNLEYS
Supramax
A bit slow start to the week with UK holidays on Monday. Still strong rates for cargoes out of Black Sea, where front hauls where done $ ...
Tuesday, 29 August 17
WEEKLY SHIPPING MARKET ANALYSIS - ALLIED
In the aftermath of Hurricane Harvey, one of the worst disasters to hit Texas, we are now looking to get a clearer picture of the possible disrupti ...
Tuesday, 29 August 17
U.S WEEKLY COAL OUT UP 3.4% WEEK OVER WEEK TO APPROX. 17 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17 million short tonne ...
Thursday, 24 August 17
SUPRAMAX: LOW $10K FOR INDO COAL TRIPS TO INDIA; AROUND $10K FOR INDO TO CHINA TRIPS - FEARNLEYS
Supramax
This week Supras from the Black Sea on fhaul have seen numerous orders and improving rates.
53-57k dwt vessels have been fixed at e ...
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Showing 1956 to 1960 news of total 6871 |
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- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- The University of Queensland
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Planning Commission, India
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