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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, 26 April 22
INDIA'S COAL IMPORTS ARE SHIFTING, THERMAL MORE THAN COKING - REUTERS
India’s coal imports are starting to reflect shifting world trade and pricing dynamics in the wake of Russia’s invasion of neighbouring ...
Monday, 18 April 22
GERMAN COAL IMPORTERS EXPECT A BRIEF SPIKE IN PRICES ON EU BAN - REUTERS
A European Union embargo on Russian coal imports will push up prices in the short term before alternative supplies become available to steady the c ...
Monday, 18 April 22
FINNISH 'LOOPHOLES' ALLOW IMPORTS OF RUSSIAN COAL AND OIL TO CONTINUE - EURONEWS
Activists in Finland are calling for the government to clamp down faster on state-owned companies that continue to import raw materials from Russia ...
Monday, 18 April 22
GOVT IN DISCUSSION WITH WORLD BANK ON FRAMEWORK FOR COAL MINE CLOSURE - BUSINESS STANDARD
The coal ministry is in discussions with the World Bank for collaboration on the mine closure framework, a government official said on Wednesday.
...
Monday, 18 April 22
DEMAND FOR THERMAL COAL TO RISE DUE TO INCREASE IN ELECTRICITY DEMAND: INDIAN COAL MINISTRY - PTI
Coal block allocatees have a golden opportunity to augment production as the demand for thermal coal will rise due to an increase in electricity de ...
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- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Minerals Council of Australia
- Mjunction Services Limited - India
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- The University of Queensland
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Planning Commission, India
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
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