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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, 25 May 21
KOREA SOUTHERN POWER INVITED BIDS FOR 870,000 MT OF MIN 5300 NCV COAL FOR 2021 TO 2023.
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for total 870,000 MT of Min 5,300 kcal/kg NCV coal for Augu ...
Tuesday, 25 May 21
CHINA’S COAL OUTPUT RISES IN FIRST FOUR MONTHS - XINHUA
China’s raw coal output rose 11.1 percent year on year to 1.29 billion tonnes in the first four months of 2021, official data showed.
&nb ...
Tuesday, 25 May 21
MARINE SHIPPERS BULK UP: ANOTHER GAME OF CHICKEN IN THE WORKS? - THE KOREA TIMES
Global shipping companies have been placing orders for large ships, with many anticipating further increased competition within the next three year ...
Friday, 21 May 21
MARKET INSIGHT - INTERMODAL
The dry bulk market’s counter seasonal surge so far into the first half of the year -in a sort of 2010 manner - and Capesize’s recent r ...
Wednesday, 12 May 21
U.S. COAL PRODUCTION TO INCREASE BY 43 MMST IN 2021 TOTAL 582 MILLION SHORT TONS - EIA
U.S. energy Information Administration expects U.S. coal production to total 582 million short tons (MMst) in 2021, 43 MMst (8%) more than in 2020. ...
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- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Planning Commission, India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- VISA Power Limited - India
- MS Steel International - UAE
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Australian Coal Association
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
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