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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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Friday, 12 March 21
BATTERIES ARE REPLACING COAL NOT GAS - IEEFA
No amount of government subsidies can halt gas’s decline
Batteries are replacing coal not gas.
Today the early ...
Friday, 12 March 21
RENEWABLES SHOULD BE FOCUS OF VIETNAM’S DRAFT PDP8, NOT COAL AND GAS - IEEFA
Evidence was clear to inform the next stage of Vietnam’s power development
Vietnam’s recently published draft power deve ...
Thursday, 11 March 21
U.S. TO PRODUCE 581 MMST IN 2021, UP 8% FROM 2020 - EIA
EIA expects U.S. coal production to total 581 MMst in 2021, 42 MMst (8%) more than in 2020. In 2022, EIA expects coal production to rise by a furth ...
Thursday, 11 March 21
MARKET INSIGHT - INTERMODAL
Assessing the ship repair sector during the first months of 2021, we have come across a new era in which Owners chose the shipyards to repair their ...
Monday, 08 March 21
MARCH 2021 INDONESIA COAL PRICE REFERENCE SETTLES LOWER
COALspot.com: The Indonesia coal price reference for March 2021 settles at US$ 84.49 per ton FOB vessel.
The Indonesia coal pr ...
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- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Planning Commission, India
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
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