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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, 07 February 20
CIL LOOKING TO TAP NON-POWER SECTORS FOR INCREMENTAL COAL, PTI REPORTED
The miner is looking to ramp up production to meet its targets for the current fiscal at a time when the economic slowdown is impacting demand for ...
Friday, 07 February 20
VIRUS - HIT CHINA MAY NEED MORE IMPORTS OF COAL. NOW COMES THE TRICKY PART - SHIPPING IT THERE: REUTERS
China’s domestic coal mines are struggling to ramp up production in the face of the ongoing coronavirus epidemic. That’s a situation th ...
Friday, 07 February 20
CORONAVIRUS IMPACTING THE GLOBAL SHIPPING INDUSTRY - BIMCO
The outbreak of the novel Coronavirus has dented market sentiment and spooked markets around the globe. When China sneezes, we all catch the flu. T ...
Thursday, 06 February 20
CAPE: WEAK SUPPLY/DEMAND RATIO THE STREETS REMAIN BLOODY FOR THE BIG SHIPS - FEARNLEYS
Cape: With still a weak supply/demand ratio the streets remain bloody for the big ships, and actual spot earnings are close to zero on main short-h ...
Thursday, 06 February 20
CHINESE DEMAND KEY UNCERTAINTY FOR SEABORNE COAL MARKET IN 2020 - THE BRICS POST
Coal trader Noble Resources head of research Rodrigo Echeverri Cardozo had penciled in a 3 Mt drop in Chinese import demand for 2020, but it could ...
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- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Medco Energi Mining Internasional
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Planning Commission, India
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- India Bulls Power Limited - India
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