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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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Sunday, 08 January 23
ELEVATED COAL PRICE A DRAG ON MARGINS OF DOMESTIC BASE METAL PLAYERS: ICRA
The increased price of coal continue to be a drag on the margin of domestic base metal players with no immediate relief in sight, rating agency ICR ...
Monday, 02 January 23
CHINA’S COAL CONSUMPTION TO PEAK BY 2035: REPORT - REUTERS
China’s primary energy consumption is likely to peak at nearly 6.03 billion tonnes of standard coal between 2030 and 2035, refining giant Chi ...
Thursday, 29 December 22
INDIA'S COAL DEMAND LIKELY TO PEAK BETWEEN 2030-2035: MINISTER - ANI
The demand for coal in India will continue and is likely to peak between 2030-2035, Union Minister of Coal, Mines, and Parliamentary Affairs Pralha ...
Thursday, 29 December 22
RIO TINTO AND PARTNERS COULD RECEIVE AS MUCH AS $450M IN GOVERNMENT COMPENSATION FOR COAL PRICE CAP - THE GUARDIAN
Compensation payments for the Gladstone power plant remain the sticking point in the federal government’s coal price cap compensation negotia ...
Wednesday, 28 December 22
MARKET INSIGHT - INTERMODAL
The United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th highlighting that global trade wou ...
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- Economic Council, Georgia
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- The University of Queensland
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
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