Indonesia eases ban on coal exports

Britannia Club has reported that, following the total ban on coal exports imposed by Indonesia on December 31st because of concerns about domestic supplies, it appeared that the situation was now improving. The Indonesian Ministry of Energy and Mineral Resources have revoked the export ban for 139 companies.

It was reported that domestic coal stocks had recovered to a sufficient level and so the export of coal could continue.

The majority of the ships waiting to leave Indonesia were said to be bound for China. Negotiations were still continuing about the long-term supply arrangements