Indonesia’s coal exports at new weekly seasonal record

In-line with Indonesian coal output up +5% YoY so far in 2024 and the Association of Indonesian Mining Professionals still forecasting a +104Mt YoY increase to…

A chart displaying the evolution of Indonesia's Coal Exports over a 5-year period, with separate graphs for the last 3 years, utilizing colors from the IG color palette.

… 875Mt in 2024, ship tracking data (AIS) showed a new weekly seasonal record last week with 12.4Mt/week shipping on bulk carriers. The driver is the succession of heatwaves in India, as coal demand in China has remained muted by record rainfall & hydropower availabilities.

If you would like to get more information on this topic and the impact on the freight market, please reach out to us on: [email protected].