MONTHLY: Indonesia's output policy reshapes China's thermal coal mart

China's thermal coal market strengthened notably in February, largely driven by a spillover effect from Indonesia's planned coal production cuts, which tightened China's import supply expectations, Mysteel Global noted.

As Indonesia is the world's largest exporter of thermal coal and China's biggest external supplier, the signal of output cuts has caused deep concern among Chinese buyers over tighter seaborne availability. Early in February, Indonesia announced a plan to lower its coal production target to around 600 million tonnes in