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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, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Planning Commission, India
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
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