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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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Tuesday, 01 June 21
BUMA PRODUCED 11.4 MILLION TONNES OF COAL IN 4Q 2020, 5% LOWER COMPARED TO 12.2 MILLION TONNES IN 4Q 2019
PT Delta Dunia Makmur Tbk. presents its newsletter with consolidated financial and operating results that include its primary and wholly-owne ...
Sunday, 30 May 21
PAKISTAN IS PLANNING TO END COAL IMPORTS, WORSENING OUTLOOK FOR SOUTH AFRICAN COAL - IEEFA
The growing and irreversible risks being faced by South African coal exporters
As Thungela Resources’ CEO attempts to talk up ...
Sunday, 30 May 21
G7 COAL FINANCE EXIT AND WHY IT MATTERS FOR INDIA - IEEFA
While India doesn’t rely on export credit finance to fund new coal plants, there are material implications
The commitment by the Group o ...
Saturday, 29 May 21
SKULD’S IMO 2020 SULPHUR CAP EXPERIENCE
More than a year has passed since the International Maritime Organization (IMO) mandate for the 0.50% sulphur cap for marine fuel (MARPOL Annex VI) ...
Thursday, 27 May 21
KOMIPO INVITED BIDS FOR 1.56 MILLION TONS OF BITUMINOUS COAL
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
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- Planning Commission, India
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
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