October 08, 2008

Indonesian coal exports in January dip by 5.5% YoY

According to shipping sources quoting McCloskey, Indonesian coal exports reached 13.7 million tonnes in January 2008 down by 5.5% YoY as compared with 14.5 million tonnes in January 2007.

As per report, the majority of the annual decline came from lower shipments to China, which fell by 0.4 million tonnes YoY 1.1 million tonnes. Exports to Taiwan and India were also lower. Meanwhile, shipments to the biggest export destination like Japan increased by 0.2 million tonnes YoY to 2.5 million tonnes.