Indonesian Exports Remain Strong in 2008
Indonesia, the world’s second largest
coal exporter, will export about 179 million
metric tons (mt)—75% of total coal
production--next year to benefit from the
surging demand from overseas buyers,
especially China. The Indonesian Coal
Producers Association said the country’s
total production would increase by 9%,
reaching 234 million mt next year from
about 215 million mt this year. The 9%
increase was expected, as local coal producers
were mostly raising production to
benefit from higher global demand. Next
year, of total coal production, 55 million
mt would be allocated for the domestic
market, while the remaining 179 million
mt would be for export. Total coal sold
locally next year would be only slightly
higher than the 50 million mt recorded
in 2006.
As featured in Womp 08 Vol 1 - www.womp-int.com