• Cement Industry of Indonesia Plagued by Oversupply Woes

    Over the past two years the cement oversupply in Indonesia has become increasingly excessive. Indonesia's total annual installed cement production capacity has now risen to 106.3 million tons, while domestic demand may not exceed 65 million tons in 2017. Moreover, production capacity will rise further this year as Semen Indonesia will open two new plants later this year.

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  • Commodities Watch Indonesia: Coal Price Up, Oil Price Down

    The price of coal continued to strengthen for a second consecutive day on Thursday (24/08). The coal price for January 2018 contracts (the most-active contract on the Rotterdam commodities exchange) climbed 0.45 percent to USD $78.25 per metric ton, after closing higher 0.46 percent on the preceding trading day.

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  • India's Latest Palm Oil Import Policies to Impact on Indonesia?

    India's decision to double import duties on crude palm oil (CPO) from 7.5 percent to 15 percent earlier this month should have a big impact (India being the world's largest palm oil importer). The move is an effort to protect domestic palm oil farmers. India also raised the levy on refined, bleached and deodorized (RBD) palm olein by 10 percent to 25 percent.

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  • Oil & Gas Sector: Indonesia to Revise Gross Split Scheme Soon

    Indonesia's Energy and Mineral Resources Ministry will revise Energy Regulation No. 8/2017 on the gross split scheme. It was decided to revise this relatively new regulation after an evaluation was conducted that included input from oil and gas contractors. Deputy Energy Minister Arcandra Tahar announced the revision earlier this week.

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