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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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Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...
Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...
Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter.
...
Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.
Earnings generation should slow down as selling pr ...
Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...
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- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- White Energy Company Limited
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Minerals Council of Australia
- Central Electricity Authority - India
- The Treasury - Australian Government
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