Coal Exports From Top Shipper Hobbled With Miners Facing Constraints
- Producers’ access to equipment restricted, association says
- Government wants to boost coal export to rein in trade deficit
Photographer: Dadang Tri/Bloomberg
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Coal exports from Indonesia will be restrained this year, which could frustrate a plan by the government to ease a burgeoning trade deficit while keeping prices elevated, according to an industry group.
Producers in the world’s largest shipper face an order backlog of 18 months as they aren’t able to get hold of additional mining equipment, Pandu Sjahrir, chairman of the Indonesian Coal Mining Association, said in an interview in Jakarta. The slow rampup in supply will probably keep coal prices buttressed at about $100 a metric ton through the end of next year, he said.