Asia Coal Hits $148.75 a Ton, Highest in 22 Months as Indonesia Rules Delay Exports
Updated
Updated · Bloomberg · Jun 8
Asia Coal Hits $148.75 a Ton, Highest in 22 Months as Indonesia Rules Delay Exports
2 articles · Updated · Bloomberg · Jun 8
Summary
Australian Newcastle coal futures for June climbed to $148.75 a ton on Friday, the highest front-month level since August 2024.
Indonesia’s new export rules delayed shipments, tightening regional supply just as summer lifts demand for coal used in power generation.
That combination pushed a key Asian coal benchmark to a nearly two-year high, underscoring how policy changes in Indonesia can quickly squeeze the market.