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Saturday, 23 July 22
INDONESIA CONSIDERING SCRAPPING DOMESTIC SALES RULE FOR PALM OIL EXPORTS - REUTERS
Indonesia is considering removing a domestic sales requirement for palm oil exports because high inventories of the vegetable oil have been holding back a recovery of palm oil fruit prices, the trade minister said.
Since ending a temporary ban on exports in late May, the world’s biggest palm oil producer has required companies to sell a portion of output at home before issuing export permits, a policy known as DMO, in a bid to control cooking oil prices.
The temporary ban on shipments and the DMO policy, however, had led to a surge in palm oil stocks, storage issues and a slump in the price of palm oil fruit received by farmers.
Minister Zulkifli Hasan told reporters that previous policies to address such issues, including a temporary removal of an export levy and a larger export quota, had failed to slash stocks quickly.
“I am considering removing DMO requirements so exports can go out quickly, but I want assurances from our friends at refineries,” he told reporters during a visit to a market, according to a voice recording provided by the ministry.
Indonesian authorities were aware of anticipated high demand from India and Pakistan for the upcoming Diwali holidays and would ensure that buyers had enough supply, Zulkifli said.
Indonesia’s palm oil industry has been lobbying for an easing in export restrictions and taxes, arguing that otherwise produce may go to waste, particularly with the harvest set to peak in coming months and with storage at capacity.
An industry association said this week Indonesia will have to export 6 million tonnes of palm oil by August if it wants to cut its inventory levels back to normal.
Southeast Asia’s biggest economy has removed its export levy for all palm oil products until Aug. 31. and plans to set a crude palm oil reference price every two weeks instead of monthly so the price and resulting tax would be more in line with market conditions.
Source: Reuters
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Wednesday, 28 July 21
MARKET INSIGHT - INTERMODAL
Assessing the ship repair sector during this first half of the year, we continue to come across surprises and new restrictions which are trembling ...
Saturday, 24 July 21
UNDERSTANDING INDIA'S LATEST PEAK POWER DEMAND RECORD - IEEFA
Ramping up solar will be crucial as peak power demand hits during the day
At around noon on 7 July 2021, India’s instantaneous ...
Wednesday, 21 July 21
MARKET INSIGHT - INTERMODAL
Dry Buk Sales and Purchase activity has heated up during 2021, reaching record high levels during the first half of the year. The increased interes ...
Monday, 19 July 21
CHINA'S COAL OUTPUT UP 6.4 PCT IN H1 - XINHUA
China’s raw coal output climbed 6.4 percent year on year to 1.95 billion tonnes in the first six months of the year, official data showed.
...
Saturday, 17 July 21
COAL PRICES TRADE AT DECADE HIGH OF $140 PER TONNE, HERE ARE SOME FACTORS AT PLAY: CNBC-TV18
Coal prices are trading at $140 per tonne. In the last one week, coal has seen more than 8 percent gains; the last one month has seen 24 percent ju ...
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- Medco Energi Mining Internasional
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- White Energy Company Limited
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
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