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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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Thursday, 24 September 20
SUPRAMAX: INDO TO INDIA FIXING AROUND US$13,000 - FEARNLEYS
Cape
Over the last week the iron ore segment from Brazil to China has picked up, and we see freight rates up USD 2 (12%) week on week Fearnleys ...
Thursday, 24 September 20
KOREA MIDLAND POWER TO BUY 1.92 MILLION TONS OF 4,300-4,700 NCV COAL FOR THREE YEARS
COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 640,000 MT 4,300-4,700 kcal/kg NCV coal per year.
  ...
Wednesday, 23 September 20
VIETNAM'S NEW POWER DEVELOPMENT PLAN MUST OPTIMIZE RENEWABLES AND AVOID FOSSIL FUEL LOCK-IN: IEEFA
EVN’s financial constraints leaves the utility with little room for error
Implementing Vietnam’s soon-to-be-launched next Power De ...
Wednesday, 23 September 20
MARKET INSIGHT - INTERMODAL
Undoubtedly, this year (ongoing) will never be forgotten because in a matter of months it has managed to severely affect and shape our day to day p ...
Friday, 18 September 20
INDIA'S COAL-FIRED POWER OUTPUT PICKS UP AS INDUSTRIAL USE RISES - REUTERS
India’s coal-fired electricity generation rose 9.4% in the first half of September, provisional government data showed, as demand from indust ...
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- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Economic Council, Georgia
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- VISA Power Limited - India
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
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