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Monday, 09 November 20
INDONESIA MAY CUT BIODIESEL USE TARGET AS SUBSIDY FUND DEPLETES - FITCH
 The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and sustained strength in crude palm oil (CPO) prices, Fitch Ratings says. Biodiesel is now much more expensive than regular diesel, and the subsidies drawn from an industry fund to promote biodiesel production and use have been increasing.
We estimate that the industry fund will be able to subsidise only around 8 million kilolitres (kl) of biodiesel, compared with the government's target of use of 9.6 million kl in 2020, in the absence of other measures. This suggests that Indonesia may miss its target for 2020. Also, the outlook for biodiesel demand in 2021 and CPO export levies, which contribute to the fund, is uncertain.
We think the government may scale down its plans to increase biodiesel use in Indonesia, take steps to raise collections for the industry fund through higher palm oil export levies or trim subsidies given to biodiesel producers. These actions will not only affect such producers, but are also likely to affect CPO prices and the broader palm oil industry.
Among rated names, Golden Agri-Resources Ltd. (GAR), whose consolidated profile is the basis for the rating of subsidiaries, PT Ivo Mas Tunggal and PT Sawit Mas Sejahtera (both rated A-(idn)/Stable), and PT Tunas Baru Lampung Tbk (TBLA, B+/A(idn)/Negative) have significant biodiesel capacities and it contributes significantly to revenue.
Source: FITCH
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Wednesday, 21 October 20
MARKET INSIGHT - INTERMODAL
The second wave of COVID-19 is now a reality; offices are closing again, and stricter rules and regulations are being implemented in public spaces. ...
Tuesday, 20 October 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.82 PCT - XINHUA
China Taiyuan coal transaction price index stood at 127.49 points Monday, up 0.82 percent week on week.
The index, released by China ...
Tuesday, 20 October 20
BIMCO 'SHIPLEASE' TERM SHEET - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
The ever-growing importance of sale and leaseback transactions as an alternative to financing ships by way of loan, makes ...
Friday, 16 October 20
KOMIPO ON BEHALF OF K GENCO'S INVITED BIDS FOR TOTAL 715,000 MT MIN. 5,700 NAR COAL FOR DECEMBER
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 715,000& ...
Wednesday, 14 October 20
CHINA COKING COAL FUTURES RALLY ON REPORTED BAN ON AUSTRALIA CARGOES - REUTERS
Dalian coking coal futures rallied for a sixth straight session on Tuesday after reports surfaced that China had stopped buying coal from Australia ...
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- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Planning Commission, India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
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