JAKARTA, Jan 3 (Bloomberg): A ban on coal exports from Indonesia may have a limited impact on top buyer China after the country boosted domestic output to stave off shortages of the fuel last year.
Record production and mild weather have helped fill power plant stockpiles in China as winter heating demand peaks, giving buyers a buffer if they’re cut off from their top exporter, Morgan Stanley analysts including Sara Chan said Monday in a research note.
Indonesia’s energy ministry announced a monthlong halt in shipments on its website Jan. 1.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
