We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
 The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establishment of a privately owned Indonesia Commodity and Derivatives Exchange (ICDX).
The new exchange is expected to help improve the country’s underdeveloped futures market and make the country the fifth largest commodity futures exchange in the world, says Commodity Futures Trading Supervisory Board (Bappebti) head Deddy Saleh.
“We have permitted the establishment of a new exchange … because we’ve seen in the last 10 years that there have been no satisfactory results since the BBJ [Jakarta Futures Exchange] was established [in 2000],” he told reporters during a conference after the official launch of the ICDX.
He said the BBJ should have served as a price reference and a place for hedging but it had failed due to “the absence of competitors and slow management”.
According to Deddy, 98 percent of transactions occurring in the BBJ were alternative trading, such as foreign exchange and indexing, which were yet to be regulated.
“This [ICDX] is privately owned. A private company won’t play around with their capital,” said Deddy.
ICDX president director Megain Widjaja said trading in the ICDX would be transparent as transaction data could be accessed online and later on TV.
“We have cooperated with Bloomberg. But transactions are still closed [for time being] … We’ll later cooperate with Reuters so [transactions] can be accessed online and can be seen on TV and the internet.”
Trade Minister Mari Elka Pangestu, who was also present, said: “The importance of a commodity futures exchange is that transactions will be more liquid, more transparent and [we can be] a price reference,” she said.
She said farmers would have more bargaining power on prices when negotiating with their buyers, and thus, cartel practices — control over prices of a commodity by certain parties — could be avoided.
She also said foreign brokers and market traders were now allowed to trade in the exchange to make the country’s commodity futures exchange perform better.
The ICDX is now trading gold and crude palm oil (CPO) futures contracts.
The ICDX has listed 15 members, seven of whom are CPO producers. The members are PT Wilmar Nabati Indonesia, publicly listed PT Sinar Mas Agro Resources, publicly listed PT Sampoerna Agro, PT Duta Palma Nusantara, publicly listed PT BW Plantation, PT Palm Mas Asri, PT Danpac Futures, PT Valbury Asia Futures, PT Sinarmas Futures, PT Universal Futures, PT Aperdi and PT Monex Investindo.
The senior economist of Standard Chartered Bank Fauzi Ichsan said with Indonesia being the world’s largest CPO producer, “it is time to have a commodity futures exchange”. But, he said, big investors would likely trade in Singapore as the latter’s market was more liquid. “We hope they’re not only listed [in the ICDX] but that they will also trade in Indonesia,” he told The Jakarta Post.
Source: The Jakarta Post
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 13 December 10
ICE FUTURES EUROPE TO LAUNCH IHS MCCLOSKEY INDONESIAN SUB-BITUMINOUS FOB MARKER COAL CONTRACTS - MONDOVISIONE
Mondovisione reported that, IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over ...
Monday, 13 December 10
NALCO TO START WORK ON RS 18K CR ($ 4,010,695,091) INDONESIAN PROJECT BY JUNE - MSN
MSN reported that, State-owned NALCO today said it has selected UAE-based RAK Minerals as JV partner for its Rs 18,000 crore (US$ 4,010,695,091 ...
Monday, 13 December 10
DEUTSCHE BANK RAISES COAL FORECASTS ON MARKET SHORTAGE - BLOOMBERG
Deutsche Bank AG raised price forecasts for thermal coal by as much as 17 percent on expectations that a shortage of the fuel will widen over the ne ...
Monday, 13 December 10
K SERA SERA TO SPEND RS325CR TO BUY COAL,OIL & GAS FIRMS STAKE - LIVE MINT
The company might have to dole out around Rs 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around R ...
Thursday, 09 December 10
OVERSUPPLY OF SHIPS BOUND TO KEEP DRY BULK FREIGHT RATES SUBDUED DURING 2011 SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
An oversupply of vessels is expected to keep freight rates from flying as high as in recent years said a relative shipping report from BIMCO’s ...
|
|
|
Showing 5496 to 5500 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
|
| |
| |
|
