Chinese coal futures rose on Tuesday ahead of a review of an export ban announced last week by Indonesia, one of the world’s largest exporters of the fossil fuel, stoking fears of knock-on effects for the global economy.
The most active contract traded on the Zhengzhou Commodity Exchange rose as much as 8 per cent on Tuesday compared with its Friday closing price, with several other contracts also up more than 6 per cent at midday.
Indonesia’s state utility provider said on Monday that the country’s coal supply situation was facing a “critical period”. This followed an energy ministry announcement at the weekend that the government would seek to ban coal exports for the month of January.
The energy ministry said the ban would help to avoid outages at power plants run by the state utility PLN. The ban has fuelled fears of further increases in commodity prices after pandemic-led supply shortages around the world.
As well as being China’s largest foreign source of coal, Indonesia is also an important supplier to India and south-east Asia. The country provided a record of more than 21m tonnes of coal to China in September, up from 17m in August.
“The move could potentially have knock-on effects in China and India, which are the usual destinations for Indonesian coal,” said Warren Patterson, head of commodities strategy at ING.
Coal prices in China have been particularly volatile during the pandemic, with futures surging to as much as Rmb2,301 ($362) in October as the country’s economic recovery increased demand while lockdowns to combat the Delta coronavirus variant crimped supply. That compared with about Rmb700 for most contracts traded in Zhengzhou on Tuesday.
Coal prices in China later dropped after Beijing introduced measures including instructing domestic miners to increase production.
In a statement on Monday, PLN said it had received commitments for an additional 3.2m tonnes of coal for its plants in January with help from the government. But it said it needed a total of 5.1m additional tonnes to avoid widespread outages in the country.
It warned that ensuring supply was in the “national interest” and should be “prioritised” ahead of a review of the ban by ministers on Wednesday.
President Joko Widodo said supplying PLN was “a must” and called on coal producers to fulfil domestic needs before exporting.
Twice weekly newsletter

Energy is the world’s indispensable business and Energy Source is its newsletter. Every Tuesday and Thursday, direct to your inbox, Energy Source brings you essential news, forward-thinking analysis and insider intelligence. Sign up here.
Analysts at Morgan Stanley said the potential loss of Indonesian coal exports, which account for about 40 per cent of the so-called seaborne market, could trigger a similar coal price rise to that of October.
At that time, the price of high-energy Australian coal, the benchmark for the Asian market, rose to a record of more than $270 a tonne. It is at present trading at about $150 a tonne.
“That said, the export ban could still be reassessed/fine-tuned, with a meeting between the government and miners scheduled for 5 January,” said the Morgan Stanley analysts.
Shares in Whitehaven Coal, one of Australia’s largest independent coal suppliers, rose 5.8 per cent to A$2.76 on Tuesday on news of Indonesia’s ban. London-listed Glencore, which also operates coal mines in Australia, gained as much as 3.3 per cent in morning trading.
free Windows 7 key
Just desire to say your article is as amazing.
The clearness to your publish is simply excellent and that i could assume you are an expert
in this subject. Well with your permission allow me to grasp your RSS feed to stay up to date
with impending post. Thank you 1,000,000 and please continue the enjoyable work.
Choose tօ Buy Why Are CBD Vape Pens So Popular? Chocolate tһаt Can Be A Yummy Treat аs Well
Hello there! I know this is kinda off topic but I’d figured I’d ask. Would you be interested in trading links or maybe guest writing a blog article or vice-versa? My site addresses a lot of the same subjects as yours and I believe we could greatly benefit from each other. If you might be interested feel free to shoot me an e-mail. I look forward to hearing from you! Great blog by the way!
can you buy doxycycline over the counter uk
tizanidine 4mg price
erythromycin 250 mg tablet
sildenafil tablets 150mg
175 mg zoloft
finasteride 1 mg online
top online pharmacy india
levofloxacin pills levaquin 500mg canada
buy avodart 0.5mg pills avodart price zofran 4mg for sale
purchase spironolactone generic diflucan online order diflucan 200mg generic
order ampicillin 500mg for sale ampicillin for sale purchase erythromycin pill
sildenafil over the counter buy nolvadex 20mg pill methocarbamol 500mg uk
order sildenafil for sale buy estrace 2mg online order generic estrace
order lamotrigine 50mg online cheap prazosin price buy tretinoin cream online cheap
purchase tadalis for sale order tadalafil generic diclofenac 50mg without prescription
order isotretinoin 40mg sale order azithromycin 250mg without prescription azithromycin 500mg pills
indocin price indocin price order amoxicillin 250mg pill
buy cialis without prescription tadalafil 10 mg viagra 100mg england
buy anastrozole without prescription biaxin buy online buy viagra 100mg generic
vrai cialis 20mg prix sildenafil 200mg pour homme sildenafil pas cher
order deltasone 20mg generic deltasone 20mg for sale order viagra without prescription
cialis 5mg kaufen generika tadalafil 20mg kaufen viagra 200mg kaufen für männer
brand isotretinoin order stromectol 6mg generic purchase ivermectin
purchase doxycycline pills buy clomiphene pills purchase lasix pill
order ramipril 10mg online purchase temovate for sale astelin for sale online
clonidine sale catapres 0.1mg tablet order spiriva 9mcg online cheap
buspar 5mg cost purchase phenytoin order oxybutynin 2.5mg sale
order hytrin pill pioglitazone cost buy sulfasalazine 500mg pills
fosamax 70mg price alendronate 35mg oral order famotidine 20mg pills
order benicar generic divalproex 500mg sale buy diamox online cheap
order tacrolimus 5mg online cheap buy urso 150mg online cheap buy urso 300mg without prescription
purchase imdur sale isosorbide 20mg without prescription telmisartan drug
buy generic bupropion 150mg buy cetirizine 10mg online quetiapine usa
molnunat 200mg without prescription order naprosyn 500mg pill order lansoprazole 15mg for sale
cost zoloft 100mg buy escitalopram 10mg without prescription buy viagra pills
buy salbutamol without prescription sildenafil 100 mg viagra ca
cialis for sale online Cialis fast delivery usa buy viagra 50mg for sale
tadalafil 20mg cheap order generic pyridium amantadine 100mg tablet
buy naltrexone pill buy abilify 20mg for sale buy aripiprazole 20mg
buy medroxyprogesterone sale cyproheptadine online order periactin 4 mg sale
provigil 100mg usa stromectol 6mg for sale cost of ivermectin
buy fluvoxamine 100mg generic ketoconazole order online glipizide 10mg canada
order generic piracetam oral viagra 50mg viagra pharmacy
zithromax 250mg usa order azithromycin 500mg for sale oral neurontin
order cialis 5mg pill sildenafil 50mg price sildenafil uk
buy furosemide 40mg for sale oral doxycycline 100mg hydroxychloroquine 200mg sale
tadalafil without prescription buy anafranil clomipramine us
chloroquine 250mg drug purchase cenforce online cheap olumiant price
oral sporanox 100 mg buy tinidazole generic buy tinidazole sale
buy metformin 1000mg for sale glycomet 500mg us cialis price costco
cheap olanzapine 10mg buy generic nebivolol 20mg buy diovan 80mg sale
amlodipine 10mg over the counter tadalafil 20mg us buy tadalafil 5mg pill
clozapine 100mg pills order clozaril 50mg pill cost decadron
cost omeprazole professional research paper writers roulette wheel online
order linezolid 600 mg online blackjack gambling gambling site
cheap essay writing online gambling real money poker online for money
order levitra 10mg for sale medrol 8 mg oral medrol 8 mg for sale
help me with my research paper academic writing article viagra 100mg over the counter
clomid online ventolin inhalator price global poker online
tadalafil 5mg drug oral sildenafil sildenafil otc
order triamcinolone 4mg without prescription order aristocort generic desloratadine cheap
order generic priligy 30mg dapoxetine over the counter cheap levothyroxine for sale
cialis 5mg sale purchase viagra for sale viagra 50mg pill
buy orlistat without prescription orlistat 60mg without prescription acyclovir 800mg without prescription
tadalafil us propranolol for sale cost clopidogrel 75mg
buy allopurinol 300mg generic purchase crestor generic cheap ezetimibe 10mg
purchase methotrexate without prescription order methotrexate 5mg for sale reglan 20mg us
buy motilium 10mg generic buy domperidone 10mg generic purchase flexeril pill
cozaar without prescription order cozaar 50mg generic buy topiramate 100mg online cheap
buy ozobax without prescription generic tizanidine toradol 10mg canada
cost sumatriptan 25mg buy imitrex 25mg pill avodart ca
cost zantac 150mg meloxicam 15mg drug order celecoxib 100mg pill
online roulette for real money casino bonus real money poker online
order tamsulosin 0.4mg generic tamsulosin 0.4mg cheap spironolactone 25mg generic
tadalafil 40mg ca cost acillin buy cipro 500mg online cheap
buy zocor online cheap purchase simvastatin online cheap buy finasteride 5mg generic
fluconazole 100mg uk cheap sildenafil generic sildenafil 100mg usa
buy keflex 250mg online keflex 500mg ca erythromycin online buy
cialis 10mg uk oral tadalafil 20mg viagra 50mg generic
order viagra 100mg sildenafil over counter order cialis 40mg for sale
order ceftin 250mg online cheap cefuroxime 500mg without prescription purchase robaxin without prescription
play roulette buy cialis 10mg online cheap order cialis 40mg generic
buy generic trazodone buy sildenafil for sale buy generic sildenafil
need a paper written buy stromectol 6mg generic ivermectin rx
cheap sildalis viagra sildenafil buy generic lamictal 200mg
order prednisone 10mg pills buy prednisone 10mg pill generic amoxicillin
zithromax 250mg cheap prednisolone 40mg us order neurontin online
play live poker online stromectol 6mg ca modafinil 100mg price
lasix for sale furosemide 40mg pills cheap plaquenil 400mg
buy prednisone generic order prazosin 1mg generic order generic vermox 100mg
sildenafil 50mg generic nolvadex generic rhinocort oral
retin gel for sale buy avana 200mg avana brand
tadalafil over the counter tadalafil medication indocin 50mg tablet
biaxin order meclizine 25 mg oral order meclizine 25mg generic
order naprosyn 500mg without prescription buy naprosyn 500mg lansoprazole pill
generic spiriva 9 mcg hytrin 1mg oral hytrin 5mg tablet
order albuterol without prescription pantoprazole drug cipro order
pioglitazone for sale online sildenafil uk viagra for men
montelukast order montelukast 10mg cost order viagra online cheap
cialis 20mg drug buy erectile dysfunction pills cialis super active
blackjack poker online online casinos slots casino
stromectol ivermectin tablets symmetrel cheap order avlosulfon pills
online casinos usa free slots cash poker online
nifedipine price allegra 120mg brand order generic fexofenadine
free poker online games order medicine online online thesis writing
buy a essay online arava 20mg tablet azulfidine for sale online
order benicar 10mg online cheap calan tablet divalproex 250mg pill
buy mesalamine 400mg generic mesalamine 400mg tablet brand avapro 150mg
order generic priligy 60mg avanafil pills motilium 10mg for sale
buy indocin 75mg pill order flomax 0.4mg generic purchase cenforce pill
buy tadalafil 10mg generic buy trimox 500mg pills trimox online buy
purchase nexium online cheap buy furosemide 40mg sale cheap lasix
buy minocycline 50mg generic terazosin 5mg uk buy terazosin 1mg without prescription
glycomet cost glycomet oral nolvadex pills
buy serophene generic prednisolone 40mg cost order prednisolone 20mg online cheap
brand accutane 10mg isotretinoin 40mg generic purchase ampicillin online cheap
ivermectin order deltasone 40mg order prednisone without prescription
order isotretinoin 10mg pills accutane 20mg tablet order azithromycin 500mg sale