Indonesian Coal Export Ban Update
Indonesia’s ban on coal exports, scheduled to last until the end of the month, remains in place as of 10 January with IHS reporting the government aims to build stock of at least 15 days’ supply at 17 domestic power plants. Stocks at the largest of the affected plants stood at only 6.7 days as of 6 January. Newswires report Indonesia’s government hopes to reach a decision on the resumption of coal shipments “in the coming days”. The number of Panamaxes and Supramaxes/Ultramaxes waiting to load coal at Indonesian terminals has risen slightly week-on-week to 67 and 38, respectively, vessel tracking data show.