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Thursday, January 5, 2012

Indonesia coal exports in November rise by 6pct YoY

Thursday, 05 Jan 2012

Bloomberg quoted according to data released by the Ministry of Trade that Indonesia, the world biggest exporter of thermal coal increased exports in November.

Data released showed Indonesia shipped 29.6 million tonnes of coal for the month up by 6.1%MoM. It shipped 23.2 million tonnes in November 2010.

The trade ministry reported that Indonesia coal exports for power stations in the first 11 months of 2011 rose 13% to 283.7 million tonnes.

It didn’t offer an explanation for the increase in exports nor identify buyers. The figures which come from surveyors’ reports before shipment are subject to change.

(Sourced from Bloomberg)

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