Indonesia Centralizes Coal, Palm Oil, Ferroalloy Exports as Asian Coal Hits Nearly 2-Year High
Indonesia issued technical regulations to centralize exports of coal, palm oil and ferroalloys, formalizing a new export regime that has delayed coal shipments and tightened supplies. A key Asian coal benchmark rose to the highest level in nearly two years as the disruption rippled through regional fuel markets.
The supply squeeze comes as demand for coal used in power plants rises with the onset of summer, adding pressure to buyers across Asia. The regulations apply to coal, palm oil and ferroalloy exports, widening the policy’s impact beyond the coal market alone.
From the sources (4 posts)
@businessA key coal benchmark for Asia rose to the highest level in nearly two years as Indonesia’s new export rules delayed shipments, tightening supplies just as demand for the power-plant fuel rises with the onset of summer
@firstsquawkIndonesia Tightens Export System With New Rules for Coal and Palm Oil Centralisation
@zerohedgeRT @SStapczynski: Asian coal prices rise to the highest level in almost two years 🪨📈 What's going on? 🇮🇩 New Indonesia export rules are d…
@reutersIndonesia issues technical regulations to centralise coal, palm oil, ferroalloy exports