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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, 06 March 20
SOLID BACKING FOR LNG AS A MARINE FUEL - BALTIC EXCHANGE
When it comes to choosing the best fuel on the near horizon to help the international shipping industry shrink its carbon intensity by 2050, DNV GL ...
Friday, 06 March 20
INDONESIA COAL PRICE REFERENCE UP AGAIN THIS MONTH
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Thursday, 05 March 20
PANAMAX: SHIP-OWNERS HAVE MOSTLY BEEN GETTING HIGHER RATES THAN THE LAST DONE - FEARNLEYS
Cape
There is still limited amount of positive news around, with the effects of Corona virus hurting world economy. However, overall average in ...
Thursday, 05 March 20
COAL IMPORTS DOWN IN MAJOR ASIAN MARKETS, AND CORONAVIRUS NOT THE DRIVING FORCE - CLYDE RUSSELL
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
Thursday, 05 March 20
SEABORNE COAL'S STRUGGLES IN ASIA ARE MORE THAN JUST CHINA CORONAVIRUS - REUTERS
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
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- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- The University of Queensland
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- MS Steel International - UAE
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
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