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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, 22 December 20
SOUTHEAST ASIA'S COAL DEMAND IS SET TO EXPAND AFTER THE PANDEMIC-INDUCED HIATUS IN 2020 - IEA
Coal consumption in Southeast Asia has more than doubled in the last decade, with the largest growth in Indonesia and Viet Nam, followed by Malaysi ...
Tuesday, 22 December 20
COAL DEMAND IS RISING QUICKLY IN PAKISTAN AND MORE SLOWLY IN BANGLADESH - IEA
Pakistan had 150 MW of installed coal power capacity in 2015. Since 2017, in addition to a few small plants for industry, Pakistan has commissioned ...
Tuesday, 22 December 20
AFRICA PERSPECTIVE INDICATES NO MAJOR SHIFTS FOR COAL CONSUMPTION - IEA
Overall countries on the African continent consumed 197 Mt of coal in 2019, 12 Mt less (-6%) than 2018.
South Africa, the continent& ...
Monday, 21 December 20
COAL PRICES WITHSTAND DESPITE COVID-19 AND CHINESE IMPORT QUOTAS - IEA
Coal prices vary by region as well as by grade and quality. The price rebound starting in 2016 ended in 2018, moving in a downward trend in 2019. A ...
Monday, 21 December 20
COAL'S PARTIAL RECOVERY IS SET TO FADE AFTER 2021 - IEA
Global coal consumption is estimated to have fallen by 7%, or over 500 million tonnes, between 2018 in 2020. A decline of this size over a two-year ...
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- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- The University of Queensland
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
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