Southeast Asia's biggest economy suspended coal exports on January 1 after its state power utility PLN reported critically low inventory levels of the fuel.
The world's biggest thermal coal exporter suspended coal exports on Jan. 1 after Indonesia's state power utility reported dangerously low inventory levels of the fuel.
Utilities in the region are fully relying on long-term contract supplies from domestic mines, and do not need to purchase from the spot market at the moment, said a Chinese coal trader.