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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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Saturday, 08 May 21
THE COAL-TO-RENEWABLES TRANSITION TAKES OFF - IEEFA
Pre-Biden changes underscore coming 10-year wave of coal plant retirements
The traditional S-curve growth exhibited by disruptive te ...
Friday, 07 May 21
CHINA'S TOTAL COAL IMPORTS FOR 2020 REACHED A VOLUME OF 304 MILLION TONS - ASSOCARBONI
Our benchmarks, manufacturing Countries like China, Germany, Japan, India, South Korea and Taiwan will continue to use a mix of coal and nuclear to ...
Friday, 07 May 21
SEABORNE WORLD COAL TRADE CLOSED 2020 IN NEGATIVE - ASSOCARBONI
Coal confirmed its leadership as leading fuel for electricity generation also in 2020, accounting for 38% of overall production. For the first time ...
Friday, 07 May 21
INDONESIA'S THERMAL COAL EXPORTS IN 2020 DECREASED BY 13%; INDIA REMAINED THE TOP DESTINATION FOR INDONESIAN COAL - ASSOCARBONI
An increase in seaborne trade is forecast for 2022, driven by markets in Southeast Asia, where growing demand for coal from Bangladesh, the Philipp ...
Friday, 30 April 21
HIGH-SULPHUR FUEL OIL SALES REBOUND AFTER PRE-IMO 2020 - BIMCO
HSFO sales are up 47.2% from Q1 2020, reaching 3.1m tonnes. This is however still less than a third of high-sulphur fuel sales in Q1 2019, before t ...
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- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- The University of Queensland
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Planning Commission, India
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
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