China expects tight thermal coal supply in 2023

摘要

Chinese domestic thermal coal supply is likely to remain tight in 2023, with increased demand possibly ofsetting higher output during the year. This is likely to boost demand at a time when Australian coal imports remain unofcially banned by China. There is also potential uncertainty surrounding Indonesian coal’s seaborne availability in 2023, as the government pushes the country’s producers to supply more coal to domestic buyers amid fore-casts of higher domestic demand.