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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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Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
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Friday, 29 July 22
GLOBAL COAL DEMAND IS SET TO RETURN TO ITS ALL-TIME HIGH IN 2022 - IEA
The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according ...
Thursday, 28 July 22
CREW FAMILIARISATION IS CRITICAL WHEN TAKING OVER A VESSEL - WEST P&I CLUB
Knowledge to Elevate
When a vessel changes ownership and/or manager, it can take some considerable time before the new crew and mana ...
Thursday, 28 July 22
RETURN OF COAL A THREAT TO EUROPEAN COMPANIES' ESG RATINGS - REUTERS
European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them ...
Wednesday, 27 July 22
MARKET INSIGHT - INTERMODAL
Amid the upcoming ban on Russian coal from the EU, which will be in full effect on August 10th, EU nations have been accelerating their coal import ...
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Showing 271 to 275 news of total 6871 |
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- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Mercator Lines Limited - India
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- PTC India Limited - India
- Ministry of Mines - Canada
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
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