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.
|
|
Wednesday, 09 April 14
DRY BULK MARKET STRUGGLED THROUGHOUT THE WEEK - INTERMODAL
The Dry Bulk market struggled throughout the week but the poor performance across the board didn't allow for any positive reversal, pushing ...
Tuesday, 08 April 14
PORT OF NEWCASTLE SHIPPED 2.90 MMT OF POWER PLANT AND SEMI-SOFT COKING COAL IN A WEEK
COALspot.com: In the week ended 07:00 hours 7 April 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensla ...
Tuesday, 08 April 14
RBCT SHIPPED 53.79% MORE COAL IN MARCH 2014
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest export coal terminal in the world, shipped 6.90 million to ...
Tuesday, 08 April 14
APRIL 2014 INDONESIAN COAL PRICE REFERENCE DROPS TO LOWEST SINCE JANUARY 2010
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised down again the coal bench mark price by US$ 2.20 / MT to ...
Tuesday, 08 April 14
TALKING ABOUT A ONE-HORSE RACE - GEORGE LAZARIDIS
Ever since the onslaught of the financial crisis, China along with the other BRIICs, have played a pivotal role in supporting global economic gr ...
|
|
|
Showing 3761 to 3765 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Minerals Council of Australia
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
|
| |
| |
|
