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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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Tuesday, 29 November 22
SEABORNE COAL FLOWS IN 2022 - SIGNAL
This year is crucial for the energy mix in European countries, as the EU has imposed new sanctions on Russia. It is important to emphasize that the ...
Friday, 25 November 22
APAC THERMAL COAL PRICES CORRECT FROM RECORD HIGH - FITCH RATINGS
Prices of Newcastle 6,000kcal/kg coal have corrected following falling European gas and coal prices, and more supply from Australia could help miti ...
Thursday, 24 November 22
VIETNAM BOOSTS COAL USE PLAN FOR 2030 AS G7 CLIMATE OFFER STALLS - REUTERS
Vietnam has increased its coal power target for 2030 under a revised draft energy plan, government documents seen by Reuters show, while renewables ...
Tuesday, 22 November 22
THE GENCON 2022 CHARTERPARTY - GARD
KNOWLEDGE TO ELEVATE
BIMCO has published a revamped version of the popular GENCON charterparty. Our author, Helena Biggs, was a member of the ...
Tuesday, 22 November 22
INDIA POWER BINGES ON COAL, OUTPACES ASIA - REUTERS
India’s coal-fired power output has increased much faster than any other country in the Asia Pacific since Russia’s invasion of Ukraine ...
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- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Planning Commission, India
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- The University of Queensland
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- PTC India Limited - India
- PowerSource Philippines DevCo
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
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