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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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Wednesday, 26 July 17
SHIPPIPNG MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
After an admittedly challenging 2016, the Dry Bulk market kicked off this year on a much more positive note, with all indices steadily increasing u ...
Monday, 24 July 17
THE FREIGHT MARKET ROSE THIS PAST WEEK COMPARED TO THE PREVIOUS WEEK
COALspot.com: The Freight market rose this past week compared to the previous week, as BDI and Cape indexes show a positive trend week over week.
...
Friday, 21 July 17
ESTIMATED WEEKLY U.S. COAL PRODUCTION TOTALED APPROXIMATELY 15.3 MMST; UP 13.5% W/W
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.3 million short tonn ...
Thursday, 20 July 17
SUPRAMAX: INDO COAL ROUNDS ARE TRADING AROUND MID/HIGH $11K WITH SINGAPORE DELIVERY - FEARNLEYS
Supramax
A positive week again in the Pacific with rates moving upwards.
According to Fearnleys Weekly Dry bulk report, Nopac rounds are pay ...
Wednesday, 19 July 17
SHIPPING MARKET INSIGHT - NASSOS SOULAKIS
Referring back to a previous Intermodal insight that was written in the first quarter of 2017, the author at the time had claimed that MR tanker ra ...
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Showing 1996 to 2000 news of total 6871 |
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- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- The University of Queensland
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
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