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Saturday, 23 July 22
INDONESIA CONSIDERING SCRAPPING DOMESTIC SALES RULE FOR PALM OIL EXPORTS - REUTERS
Indonesia is considering removing a domestic sales requirement for palm oil exports because high inventories of the vegetable oil have been holding back a recovery of palm oil fruit prices, the trade minister said.
Since ending a temporary ban on exports in late May, the world’s biggest palm oil producer has required companies to sell a portion of output at home before issuing export permits, a policy known as DMO, in a bid to control cooking oil prices.
The temporary ban on shipments and the DMO policy, however, had led to a surge in palm oil stocks, storage issues and a slump in the price of palm oil fruit received by farmers.
Minister Zulkifli Hasan told reporters that previous policies to address such issues, including a temporary removal of an export levy and a larger export quota, had failed to slash stocks quickly.
“I am considering removing DMO requirements so exports can go out quickly, but I want assurances from our friends at refineries,” he told reporters during a visit to a market, according to a voice recording provided by the ministry.
Indonesian authorities were aware of anticipated high demand from India and Pakistan for the upcoming Diwali holidays and would ensure that buyers had enough supply, Zulkifli said.
Indonesia’s palm oil industry has been lobbying for an easing in export restrictions and taxes, arguing that otherwise produce may go to waste, particularly with the harvest set to peak in coming months and with storage at capacity.
An industry association said this week Indonesia will have to export 6 million tonnes of palm oil by August if it wants to cut its inventory levels back to normal.
Southeast Asia’s biggest economy has removed its export levy for all palm oil products until Aug. 31. and plans to set a crude palm oil reference price every two weeks instead of monthly so the price and resulting tax would be more in line with market conditions.
Source: Reuters
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Monday, 12 September 22
COAL PRICE HIKE REMAINS DIFFICULT FOR CIL: CHAIRMAN TELLS ANALYSTS - PTI
Coal India on Thursday informed investors that increasing coal prices remains difficult in the current context when the economy is grappling with h ...
Friday, 09 September 22
GREECE WILL KEEP COAL-FIRED PLANTS RUNNING FOR LONGER AMID GAS CRISIS - REUTERS
Greece will keep seven coal-fired plants running for longer than previously planned as European countries adjust to a cut in gas flows coming from ...
Friday, 09 September 22
CHINA'S DROUGHT INTENSIFIES GLOBAL COAL SHORTAGE - REUTERS
China’s drought has sent coal prices surging as traders anticipate the lack of hydroelectric generation will force it to burn more coal to me ...
Thursday, 08 September 22
MOODY.S AFFIRMS ABM INVESTAMA'S B1 RATINGS FOLLOWING PLANNED MINORITY INVESTMENT IN COAL MINER; OUTLOOK STABLE
Moody's Investors Service has affirmed ABM Investama Tbk (P.T.)'s B1 corporate family rating (CFR), along with the B1 rating on its senior ...
Thursday, 08 September 22
MARKET INSIGHT - INTERMODAL
While the energy markets are historically stretched, Russian flows of crude oil are closely monitored as the oil trade is ultimately realigned. Mor ...
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- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Parliament of New Zealand
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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