Indonesia Coal Exports Suffer Most as Chinese Demand Falls
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Indonesia was the hardest hit of China’s coal suppliers in the first half of the year amid plummeting demand in the world’s biggest energy consumer.
China’s tighter quality limits on seaborne coal and increased support for domestic miners cut imports 38 percent from a year earlier in the six months through June, the most for the period in at least five years, according to China customs data published Tuesday. Shipments from Indonesian miners fell 49 percent, the most of China’s five largest suppliers.