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Friday, 08 July 22
INDONESIA MULLS MORE FREQUENT SETTING OF CRUDE PALM OIL REFERENCE PRICE - REUTERS
Indonesia is considering setting its crude palm oil (CPO) export reference price every two weeks instead of monthly, a senior trade ministry official said on Wednesday, aiming to adjust quicker to fast-changing international market prices.
The government currently sets a monthly reference price based on Indonesian, Malaysian and European crude palm oil prices. That price is used to determine the palm oil export tax and levy each month.
“Within a month the (global) price can be volatile, we are considering to set the export reference price by every two weeks,” senior official Veri Anggrijono told media on Wednesday.
The Malaysian benchmark palm oil futures fell 22% in June and have slumped more than 20% so far in July, a result of Indonesia boosting exports and expectation of Malaysian production increasing, while global demand is sluggish amid recession concerns. POI/
Veri did not give a time frame for when a decision would be made, but said authorities were hearing views from stakeholders, government bodies and industry participants about the proposal.
He said some businesses might find the two-week period burdensome as they may need to adjust their contracts at the same frequency.
Indonesia currently charge a maximum $288 per tonne for export tax and until July 31 will charge a maximum $200 per tonne export levy for when the reference price exceeds $1,500 per tonne.
Source: Reuters:
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Tuesday, 08 March 22
THE HIGH COST OF INDONESIA’S DOWNSTREAM COAL PROJECTS IS UNDERESTIMATED - IEEFA
Three Indonesian ministries have come up with a DME purchase price of US$378/tonne fixed for 20 years compared to IEEFA’s US$601/tonne estima ...
Wednesday, 02 March 22
SHIPPING MARKET INSIGHT - INTERMODAL
The escalating confrontation between Russia and Ukraine has the potential to disrupt global order and set the world back a few decades. While count ...
Tuesday, 22 February 22
THE DRY BULK MARKET HAS MOVED ON A POSITIVE TRACK - ALLIED
The dry bulk market has moved on a positive track as of the past couple of weeks or so. Following the typical softening in freight conditions durin ...
Tuesday, 22 February 22
CHINA'S DAILY OUTPUT OF COAL REBOUNDS TO OVER 12 MLN TONNES - REUTERS
China’s coal output returned to more than 12 million tonnes per day as of Feb. 20, the country’s state planner said on Monday, a level ...
Thursday, 17 February 22
MAJOR INSTITUTIONS PROVIDED OVER $1.5 TRLN TO COAL SECTOR IN 2019-2021, SAYS NGO GROUP - REUTERS
Financial institutions channelled more than $1.5 trillion into the coal industry in loans and underwriting from January 2019 to November 2021, even ...
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- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Parliament of New Zealand
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
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