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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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Wednesday, 04 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
For yet another time, the market seems to have its own drivers. After a very disappointing first half, the recent recovery in the shipping market i ...
Tuesday, 20 August 19
NORDEN HAS BEEN AWARDED A 3-YEAR CONTRACT FOR THE TRANSPORTATION OF COAL FROM INDONESIA TO HONG KONG
NORDEN has been awarded a 3-year contract with a power company in Hong Kong for the transportation of coal from Indonesia to Hong Kong.
...
Tuesday, 20 August 19
THE AUGUST 2019 INDONESIAN COAL PRICE REFERENCE POSTS THE FIRST MONTHLY GAIN SINCE AUGUST 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Monday, 19 August 19
INDONESIAN COAL RUNS, A 82,000DWT SHIP WAS FIXED DELIVERY CHINA VIA INDONESIA, REDELIVERY JAPAN, IN THE MID $16,000S - BALTIC BRIEFING
Capesize
The Capesize market was buoyant in both basins this week, posting gains across the board. After bottoming out the previous week, rates ...
Sunday, 11 August 19
ULTRAMAX: A 58,000DWT VESSEL OPEN KEMAMAN FIXED FOR TWO TO THREE LADEN LEGS, REDELIVERY SINGAPORE-JAPAN, AT $12,250 - BALTIC BRIEFING
Capesize
With typhoon Lekima gathering pace, numerous China ports were closed by the end of the week and will likely be for two to three days. ...
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- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Australian Coal Association
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
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