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Monday, December 12, 2011

Indonesia’s October Coal Exports Rise 3.9%, Trade Ministry Says

Monday, Dec 12, 2011

Indonesia, the world’s biggest exporter of thermal coal, increased shipments 3.9 percent in October from the previous month, according to data released by the Ministry of Trade.

Indonesia supplied 27.9 million tons from 26.8 million the month before, the data showed. The country shipped 22.9 million in October 2010.

Indonesia’s overseas shipments of the fuel in January to October rose 11.5 percent to 254.2 million tons from 228 million tons in the same period a year earlier, the trade ministry reported.

The department didn’t provide an explanation for the rise in exports or details of buyers. The figures, which come from surveyors’ reports before shipment, are subject to change.

(sourced Bloomberg)

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