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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, 10 September 20
DRY BULK SHIPPING: CHINA'S DEMAND KEEPING THE DRY BULK MARKET GOING - PETER SAND | BIMCO
Overview
An impressive recovery in Chinese dry bulk imports has protected the industry from the effects of falling demand in the rest of the wo ...
Thursday, 10 September 20
TANKER SHIPPING: FREIGHT RATES BACK AT LOSS-MAKING LEVELS AFTER 12 VERY PROFITABLE MONTHS - BIMCO
Overview
A stunningly strong 12 months for the tanker shipping industry is now being replaced by lower freight rates, as lower oil product ...
Thursday, 10 September 20
INDIA'S COAL IMPORTS STUMBLE IN AUGUST, RAISING RISK OF SLOW RECOVERY - REFINITIV | BANCHERO COSTA
After posting a mild recovery in July, India's coal imports have stumbled in August as the South Asian nation battles to restart it ...
Thursday, 10 September 20
THE FIRST 8 MONTHS OF 2020, INDONESIA EXPORTED 217.4 MLN TONNES OF COAL BASED ON REFINITIV - BANCHERO COSTA
The coal market has been hit by a weaker global economy as a result of COVID-19 pandemic and falling industrial electricity demand  ...
Wednesday, 09 September 20
MARKET INSIGHT - INTERMODAL
The uneventful summer lull which is coming to an end soon has left its stigma on the newbuilding market, which has already been devastated by the g ...
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- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Planning Commission, India
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
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