The Indonesian government lifted its ban on coal exports late on Thursday.
As expected, permission to resume selling coal abroad was granted only to mining companies that met their domestic market obligations by selling 25% of their 2021 production volume to state utility Perusahaan Listrik Negara (PLN).
Coal industry sources told TradeWinds that the first phase of the ban's lifting covered most of the large producers that dominate the export trade, although traders that source their coal from a variety of smaller mines that did not meet their domestic quotas last year are still prohibited from exporting.
