Indonesia Coal Exports Drop 23% on Quota Cuts Amid Asian LNG Crunch

Indonesian thermal coal exports fell 23% year-on-year due to government production quotas and policy uncertainty, even as Asian buyers shift from gas to coal because Middle East tensions constrain LNG supply. The quota cuts were partially reversed mid-year, but the net effect is a supply squeeze in a tightening global coal market. This divergence—falling Indonesian supply against record global demand—could keep coal prices elevated and complicate the energy transition.