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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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Thursday, 25 March 21
'OMNIBUS LAW' REGULATION ON INDONESIA’S ENERGY AND MINING SECTORS TO BOOST COAL PROCESSING BUT ALSO RAISES QUESTIONS - ABNR
February 2021 saw the issuance of a raft of new government regulations to give effect to the reformist Job Creation Law (colloquially known as the ...
Thursday, 25 March 21
PROPOSED SWITCH FROM COAL TO LNG THREATENS RENEWABLE ENERGY DEVELOPMENT IN ASIA - IEEFA
Renewables offer an ever cheaper, financially sustainable and energy secure alternative, better able to support developing nations
A ...
Thursday, 25 March 21
MAJOR INVESTMENT ADVISORS BLACKROCK AND MEKETA PROVIDE A FIDUCIARY PATH THROUGH THE ENERGY TRANSITION - IEEFA
BlackRock and Meketa say divestment from fossil fuels improves, not weakens, investment returns
Two major financial management firms ...
Thursday, 25 March 21
EUROPE PASSES MILESTONE WITH HALF OF COAL PLANTS CLOSED OR SET TO RETIRE BY 2030 - EURACTIV
Half of Europe’s 324 coal-fueled power plants have either closed or announced a retirement date before 2030, it emerged on Monday (22 March) ...
Wednesday, 24 March 21
MARKET INSIGHT - INTERMODAL
Since the start of the pandemic, the shipping industry has efficiently responded to ensure the continuity of operations and hence the security of s ...
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- Siam City Cement - Thailand
- Wilmar Investment Holdings
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Economic Council, Georgia
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Australian Coal Association
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
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