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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, 21 August 22
COAL-RICH POLAND FACES WINTER OF ENERGY DISCONTENT - DW
Poland uses 10 million tons of coal a year to heat households — a whopping 87% of all coal consumed in EU homes in 2019, according to the War ...
Saturday, 20 August 22
KOSPO TO IMPORT 240000 MT OF MIN 4400 KCAL/KG NCV STEAM COAL FOR OCTOBER;LOADING FROM RUSSIAN PORTS NOT ALLOWED
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 240,000 MT of min 4,400kcal/kg to max. 4,999 kcal/kg NC ...
Wednesday, 17 August 22
INDIAN COMPANIES SWAPPING DOLLAR FOR ASIAN CURRENCIES TO BUY RUSSIAN COAL - REUTERS
Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoidi ...
Wednesday, 17 August 22
LNG: MAJOR INVESTMENT AND EXPANSION PHASE, DOUBLING OF LIQUEFACTION CAPACITY BY 2028 PROJECTED - CLARKSONS
Clarksons Research have released the latest version of their long standing annual review, LNG Trade & Transport, on to Shipping Intelligence Ne ...
Wednesday, 17 August 22
UNAFFORDABLE LNG PRICES UNDERMINE RAPID DEMAND GROWTH FORECASTS IN KEY ASIAN MARKETS - IEEFA
Sustained high prices may accelerate downward pressures on Asian LNG demand, clouding long-term industry outlooks
The global liquefi ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Australian Coal Association
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
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