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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, 30 June 21
MARKET INSIGHT - INTERMODAL
The strong freight performance since the beginning of year has continued for the dry bulk market with earnings being at the highest level in over a ...
Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's inst ...
Sunday, 27 June 21
INDONESIA'S STATE-OWNED UTILITY PLN'S 2060 NET ZERO AMBITION NOT WITHOUT FLAWS AND GAPS - IEEFA
Indonesia on the right emissions reduction pathway but same old coal stories persist
Recent announcements by Indonesia’s state-owned uti ...
Saturday, 26 June 21
COAL PRICES HIT DECADE HIGH DESPITE EFFORTS TO WEAN THE WORLD OFF CARBON - WSJ
Rebounding electricity usage and scanty rainfall in China have added fuel to the rally
Coal prices have climbed to their highest lev ...
Saturday, 26 June 21
KOSPO INVITED BIDS FOR 480,000 MT OF COAL PER ANNUM
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for total 480,000 MT of NCV 1 Min. 5,600 (Spec 1) /Min. 5,0 ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- CNBM International Corporation - China
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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