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Indonesia Q1 coal exports drop 9 pct YoY - Energy ministry

Coal News - Published on Mon, 16 Apr 2018

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Economic Times reported that coal shipments from Indonesia, the world's top thermal coal exporter, declined to 50.78 million tonnes in the first three months of 2018 from 55.73 million tonnes in the same period a year ago. Energy and Mineral Resources Ministry spokesman Mr Agung Pribadi said that Indonesia's coal production was also down, falling to 69.33 million tonnes in the first quarter from 74.73 million tonnes in Q1 2017.

Mr Pribadi told Reuters that "Perhaps production was down because of weather factors, because it's still the rainy season," adding that Chinese demand had also declined

The ministry revised its data on domestic coal consumption in the first quarter to 21.94 million tonnes from 20.44 million tonnes earlier, Pribadi said, noting that the initial figure only accounted for thermal coal used in power stations

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Posted By : Nanda Koijam on Mon, 16 Apr 2018
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