Australian coal loadings surge as Indonesian supply uncertainty grows

Australian weekly coal loadings rebounded to 6.9Mt as of 01-Feb, up +24% YoY and the highest for this…

Australian coal loadings chart showing weekly exports rebounding to 6.9 Mt, with year-on-year growth and comparison versus five-year minimum and maximum ranges

… point in the year, as exports normalised after cyclone Koji and buyers substituted away from Indonesian supply amid rising policy uncertainty.

This has led some Asian clients to reduce exposure to seaborne low-rank coal in favour of Australian bituminous coal.

Furthermore, in South Sumatra, an ongoing ban on coal trucking via public roads has reportedly pushed dozens of miners into force majeure, tightening near-term visibility on low-rank supply. For further insights, contact [email protected].