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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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Wednesday, 02 February 22
MARKET INSIGHT - INTERMODAL
Oil prices have rallied to the highest level since October 2014 breaking above $90/bbl recently. November 2014 was the point when OPEC unleashed pr ...
Monday, 31 January 22
HOW INDONESIA'S COAL EXPORT BAN COULD IMPACT INDIA - IEEFA
What does it mean for power generation and energy security?
Not long ago, India faced coal shortages due to a decline in domestic co ...
Sunday, 30 January 22
AIR PRODUCTS' COAL GASIFICATION PROPOSAL TRIGGERS LOOMING POLICY DISPUTES IN INDONESIA - IEEFA
Plan to substitute Indonesia’s LPG imports with dimethyl ether may be hard to realize due to conflicting business interests
In ...
Sunday, 30 January 22
ENDGAME FOR NEW COAL POWER PROJECTS? - IEEFA INDIA
Retired coal units must be replaced only by assets that can provide grid flexibility
Reportedly, an expert committee appointed by th ...
Thursday, 27 January 22
2022 - A YEAR OF REBALANCING FOR METALS AND MINING - WOOD MACKENZIE
If 2021 was the year of rebound for metals and mining (M&M) commodities, then 2022 is shaping as the year of rebalance, says Wood Mackenzie, a ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- PTC India Limited - India
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- VISA Power Limited - India
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Planning Commission, India
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