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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, 05 April 22
INDONESIAN COAL PRICE REFERENCE HITS RECORD ABOVE $288
COALspot.com: Indonesian Coal Price Reference for April in a steep climb from March 2022.
As expected, Russia – Ukraine war dr ...
Thursday, 31 March 22
CHINA STATE PLANNER ASKS COAL INDEX PROVIDERS TO RECTIFY IRREGULARITIES - REUTERS
China’s state planner has asked some major coal price index providers to rectify “severe irregularities” it had identified in the ...
Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ...
Thursday, 31 March 22
CHINA'S COAL OUTPUT SET FOR MODERATE GROWTH IN 2022 - INDUSTRY BODY - REUTERS
China is expected to see its coal output to grow further in 2022 after hitting a record last year, an industry body forecast on Wednesday, as the c ...
Tuesday, 29 March 22
MEMR OF INDONESIA HAS FIXED COAL PRICE AT US$ 90 PER TONNE FOR DOMESTIC INDUSTRIES EXCEPT SMELTER INDUSTRIES; FOR PLN USD 70 IS APPLICABLE
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has set the selling price of coal for domestic, industrial except metal processing an ...
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- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- PTC India Limited - India
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Dalmia Cement Bharat India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
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