Policy-driven supply squeeze drags Indonesia's March coal exports down 8% YoY

Indonesia's coal exports fell sharply in March, marking a third consecutive month of contraction this year, as government production curbs and seasonal disruptions tightened supply from the world's largest thermal coal exporter.

Latest data released by Statistics Indonesia (BPS) showed the country's coal exports of all types totaled 37.6 million tonnes in March, down 8.1% from a year earlier. This extended the downward trend, following an 11.7% decline in February and a 4.1% drop in January. On a monthly basis, however, March