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Indonesian ban on coal export may result in a modest stir on the market

Although Indonesia is a major global coal exporter, a temporary ban on export will at the most result in a "slight negative" development, estimates DNB.

Photo: PR / Norden

A provisional ban on the export of coal from Indonesia may have a limited influence on coal prices and the global coal supply in the upcoming weeks, according to a statement by DNB.

Indonesia is a primary global exporter and covered approximately 25 percent in 2020 of global demand measured in tonne-miles. The ban on export was announced on Jan. 1, and according to DNB, authorities have not stated the length of the ban.

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