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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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Monday, 25 November 19
COAL SUPPLY BY CIL TO POWER SECTOR DROPS OVER 8 PC TO 253 MT IN APRIL-OCTOBER - PTI
Supply of coal by state-owned CIL to the power sector registered a decline of 8.5 per cent to 253 million tonnes in the April-October period of thi ...
Monday, 25 November 19
A 53,000DWT SHIP FIXED AT $9,500 DELIVERY SINGAPORE TRIP, VIA INDONESIA, REDELIVERY VIETNAM - BALTIC BRIEFING
Capesize
After a week of value being eroded on the Capesize market, Friday brought improved sentiment across most of the routes. The 5TC averag ...
Monday, 25 November 19
KOWEPO INVITED 6.79 MILLION TONS OF (SUB)BITUMINOUS STEAM COAL BIDS
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for 6,798,000 tons of coal for 5 years ...
Friday, 22 November 19
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 22 November 19
FORTY PERCENT OF ADARO'S COAL SALES VOLUME IN 9M19 GOES TO THE SOUTHEAST ASIA REGION
PT Adaro Energy Tbk released its consolidated financial statements yesterday, for the nine month period, ending September 30, 2019.
  ...
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- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Planning Commission, India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
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