Daily Briefing January 4 2022

摘要

Indonesia is considering relaxing its coal export ban, a government spokesman has told Lloyd's List. The restriction, announced on January 1 to ensure adequate coal supply to domestic power plants, has led to halt of shipments at a string of coal terminals and a drop in freight rates. The Indonesian Coal Mining Association said the ban was introduced 'hastily' and may disrupt monthly coal production volumes of around 38m to 40m tonnes. About 10% of worldwide dry bulk shipping demand may be adversely affected if the total export ban continues, but the policy could drive up coal prices further and create demand for long-haul exports from Colombia and the US.